Which one of the following is out of the FIRREA penalties included in the enforcement section of Adjusted Mortgage Regulation (12 CFR 34)?
Which one of the following is out of the FIRREA penalties included in the enforcement section of Adjusted Mortgage Regulation (12 CFR 34)?
Penalties under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) typically involve higher amounts. Options A and D mention penalties up to $7,500 and $6,500 per day, respectively, which are lower than the amounts typically associated with FIRREA penalties. The other options (B and C) reflect higher penalty amounts that are more consistent with FIRREA's enforcement provisions, which can include substantial financial penalties for violations, reckless behavior, and significant losses or gains.
Penilties can be paid of certain amount where by you can't afford
This option is out of the FIRREA (Financial Institutions Reform, Recovery, and Enforcement Act of 1989) penalties included in the enforcement section of the Adjustable Mortgage Regulation because the FIRREA penalties for violations typically start at higher amounts than $6,500 per day for violations of laws and regulations. The other options (A, B, and C) present penalty figures that are more in line with the scale of penalties outlined under FIRREA for various degrees of violations and misconduct.