ExamTopics Logo
Mail Us[email protected]
Menu
Aba Discussions
exam questions

Exam CRCM All Questions

View all questions & answers for the CRCM exam
Go to Exam

Exam CRCM topic 1 question 316 discussion

Actual exam question from ABA's CRCM
Question #: 316
Topic #: 1
[All CRCM Questions]

Which of the following pieces of information is the bank NOT required to report on Form 1099 for foreclosed and abandoned property?

  • A. The name, address, and TIN of the borrowers
  • B. A description of the property
  • C. The original loan amount
  • D. Whether the borrower is personally liable for the debt
Show Suggested Answer Hide Answer
Suggested Answer: C 🗳️
by Cam22 at March 18, 2024, 2:15 a.m.

Comments

Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.
Switch to a voting comment New
Submit Cancel
Cam22
3 months, 4 weeks ago
Selected Answer: C
Which of the following pieces of information is the bank NOT required to report on Form 1099 for foreclosed and abandoned property? A. The name, address, and TIN of the borrowers B. A description of the property C. The original loan amount D. Whether the borrower is personally liable for the debt
upvoted 1 times
...
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

SaveCancel
exam
Someone Bought Contributor Access for:
SY0-701
London, 1 minute ago