NMLS Federal Laws practice questions

10 questions · Untimed · Explanation after each question

RESPA and Regulation X, ECOA and Regulation B, TILA and Regulation Z (HOEPA, higher-priced loans, originator pay), TRID, HMDA, FCRA, GLBA, Do-Not-Call, BSA/AML, the MAP rule, E-SIGN and PMI cancellation. Federal Mortgage-Related Laws is 24% of the SAFE MLO Test, about 27 of the 115 scored questions.

Line drawing of thick bound law books on a shelf with a gavel and a document on a stand

Before you start

Every question has four options and one correct answer, as on the real test. Each explanation says why the answer is right and why the most tempting wrong answer is wrong; calculations show the arithmetic.
Check each answer to see the explanation before moving on. Checked answers cannot be changed.

Create a free account before you start

Create a free account to start. Every drill includes one free attempt. An NMLS pass unlocks the full timed practice exam and unlimited drills in all five content areas.

Original practice questions written to the SAFE MLO National Test with Uniform State Test Content Outline. Independent practice, not affiliated with or endorsed by NMLS, the Conference of State Bank Supervisors or the State Regulatory Registry.