Final answer:
The National Portion Composition and Topics of the SAFE Mortgage Loan Originator Test cover general mortgage knowledge, loan origination, ethics and professional responsibility, and state-specific mortgage laws/regulations.
Step-by-step explanation:
The National Portion Composition and Topics of the SAFE Mortgage Loan Originator Test is a comprehensive exam that covers various topics related to mortgage loan origination.
- General Mortgage Knowledge: This topic covers the fundamental principles and concepts of mortgages, including types of mortgage loans, loan terms, interest rates, and repayment options.
- Loan Origination: This topic focuses on the process of originating a mortgage loan, including the role of loan officers, the loan application process, credit analysis, and underwriting.
- Ethics and Professional Responsibility: This topic emphasizes the importance of ethical behavior and professional standards in the mortgage industry, including consumer protection laws, fair lending practices, and confidentiality.
- State-specific Mortgage Laws and Regulations: This topic covers the specific laws and regulations that govern mortgage lending in a particular state.
Based on the given options, (D) State-specific Mortgage Laws and Regulations is NOT part of the National Portion Composition and Topics of the SAFE Mortgage Loan Originator Test.