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What is the fine for a violation of TILA where an MLO consistently understates the APR to borrowers?A . Five thousand dollars ( $ 5
What is the fine for a violation of TILA where an MLO consistently understates the APR to borrowers?AFive thousand dollars $ and or one year imprisonment unless class action, then five hundred thousand dollars $ or one percent of net worthB.Ten thousand dollars $ and or ninety day imprisonment unless class action then five hundred thousand dollars $ or one percent of net worthC.Five thousand dollars $ and or ninety day year imprisonment unless class action then one million dollars $ or one percent of net worthD.Ten thousand dollars $ or one year imprisonment unless class action, then one million dollars $ or one percent of net worth
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