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Please answer Q. All advance disclosure costs for consumer loans carry a zero tolerance for error. True False Q. Buyers and sellers can create a

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Q. All advance disclosure costs for consumer loans carry a zero tolerance for error. True False Q. Buyers and sellers can create a valid escrow by executing a "Purchase Agreement and Escrow Instructions." True False Q. What is/are an escrow agent's responsibility when the buyer fails to deposit funds? a. Terminate the escrow b. Proceed to closing C. Contact the lender d. Continue reminding the buyer Q. RESPA does not apply to residential refinancings. True False

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