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31. A potential red flag of mortgage fraud activity on an owner-occupied refinance transaction occurs when an applicant states on the loan application: A. The
31. A potential red flag of mortgage fraud activity on an owner-occupied refinance transaction occurs when an applicant states on the loan application: A. The purpose of the loan is for a vacation home B. The income is solely derived from child support payments C. The property is a primary residence when the applicant lives somewhere else D. The applicant previously filed for bankruptcy
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