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Required by the Truth-in-Lending Act, the annual percentage rate (APR) is reported by the lender to the borrower on virtually all U.S. home mortgage loans.

Required by the Truth-in-Lending Act, the annual percentage rate (APR) is reported by the lender to the borrower on virtually all U.S. home mortgage loans. The APR accounts for all of the following EXCEPT: Multiple Choice all compensation to the originating brokers if one was used by the borrower. any prepayment of principal to be made on the loan. premiums for required forms of insurance

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