Which of the following is true regarding the Mortgage Fraud Prevention Act:
A) Agents can receive a deposit from the debtor to negotiate a loan modification with the lender
B) Agents who list the property that is a short sale cannot purchase his own listing for one year after the listing has expired.
C) Agents can tell the debtor to stop making mortgage payments to force the lender to negotiate a loan modification
D) Agents must be a Certified Distressed Property Expert before he can help a debtor who is back on his mortgage payments
Answer:
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