Inspection Commonalities Certification Exam – CIC Prog

Field inspection services are usually triggered by the failure of the mortgagor to meet the contractual demands of their mortgage. How soon are inspections usually generated after a missed payment to the investor?

What additional paperwork must be submitted when completing a FNMA inspection?

When completing a Fannie Mae Property Inspection, which of the following is not required?

Which of these is a question on the FNMA inspection?

Common required information when completing an REO inspection does not include which of the following:

When an REO inspection is being performed, the inspector is checking to determine:

When inspecting the lawn during an REO inspection what should the inspector look for?

What photos are usually required for a Merchant Site inspection?

What type of clothing is acceptable attire for completing inspections?

What is the purpose of Errors and Omissions insurance?

Why is erroneously reporting a vacant house as occupied a risk?

In the quality control process, what are “flags”?

When inconsistent data is received…

Which of these are methods of quality control?

A factory assembled home that is manufactured and assembled off-site is a:

What is a Department of Housing ID tag more commonly called?

What is housing consisting of a complex of dwelling units in which each unit is individually owned.

What type of property has a chassis or wheels that act as an integral part of the structure?

If the property is not secure, the inspector should do the following:

Mortgage field service companies offer what types of inspections to help the investor gain the information regarding the condition and occupancy status of the property?

Why should the inspector report any damages, even those that seem insignificant?

For the inspector the terms change locks, cut grass, remove debris would fall under what category:

If an area of a vacant property is inaccessible, what should the inspector do?

Partially vacant status is possible for what type of properties?

Why do financial institutions nationwide order mortgage field services?

When reporting a property vacant the inspector should:

When attempting to determine the occupancy status of a property, which of the following should be considered?

A mobile home inspection can be a:

How soon do most companies require a first time vacant inspection be returned to the servicing company?

In doing an interior inspection in which the inspector finds the property to be occupied, they should:

Select from the following list the best indicator that a property is occupied.

When an inspector encounters an interior inspection and they are unable to gain access to the interior, the inspector should:

When determining if maintenance is recommended on a vacant property having a pool and/or hot tub, it is also required to determine:

Which of the following Should an inspector do?

Most companies ask that the inspector check for messages and return calls how often?

Which of the following should an inspector NOT do?

It is _______ that the occupancy status and property condition information reported is as accurate as possible

When should the inspector review the inspection order?

With what type of inspection is it possible that the property will be vacant?

If contact is made with a tenant, what information (if any) should the inspector attempt to obtain?

Once the inspector has determined the property is vacant, he should:

On a mobile home inspection, where can the inspector typically find the HUD number on the exterior of the mobile home?

Select from the following list the best indicator that a property is occupied.

When an inspector encounters an interior inspection and they are unable to gain access to the interior, the inspector should:

When determining if maintenance is recommended on a vacant property having a pool and/or hot tub, it is also required to determine:

Most companies ask that the inspector check for messages and return calls how often?

Which of the following should an inspector NOT do?

It is _______ that the occupancy status and property condition information reported is as accurate as possible

When should the inspector review the inspection order?

With what type of inspection is it possible that the property will be vacant?

If contact is made with a tenant, what information (if any) should the inspector attempt to obtain?

Once the inspector has determined the property is vacant, he should:

Which of the following items are necessary for providing inspection services?

When completing a No Contact Required but Permitted inspection how would the inspector be made aware that the occupant or neighbor has previously been hostile?

When attempting to determine the occupancy status of a property where contact is not allowed or the inspector was unable to make contact, which of the following should be considered?

Why is it a best practice during a bankruptcy or no contact allowed inspection for the inspector to park their vehicle one or two houses away and take photos at an angle?

Who or what will determine the specific time frame for a window inspection?

Window inspections is a common term used to describe which type of inspection?

Inspectors may make observations based upon an open mailbox, but may not touch the mail or open the mailbox.

When completing a contact inspection the client contact information will be provided to the inspector by the client.

A No Contact Required but Permitted inspection is typically requested to learn the general condition of a property and report occupancy status.

The inspector should always pay attention to special instructions provided from the client with additional important information pertaining to each inspection.

When completing A No Contact Required but Permitted inspection the inspector does not need to be concerned with occupancy status.

When completing a bankruptcy or No Contact inspection there is no need to report damages to the property.

Window inspections can only be Contact inspections.

No Contact Inspections require inspectors to inspect the property based on observations made without making contact with the occupant.

What additional paperwork must be submitted when completing a FNMA inspection?

When completing a Fannie Mae Property Inspection, which of the following is not required?

Which of these is a question on the FNMA inspection?

Common required information when completing an REO inspection does not include which of the following:

When an REO inspection is being performed, the inspector is checking to determine:

When inspecting the lawn during an REO inspection what should the inspector look for?

What photos are usually required for a Merchant Site inspection?

What photos are usually required for a Merchant Site inspection?

A commercial inspection requires the inspector to:

Inadequate or postponed repairs and items requiring replacement to be acceptable are examples of:

When completing a commercial inspection an inspector should:

The purpose for a vehicle inspection is:

When verifying the VIN of a vehicle it is not acceptable to:

An Insurance Loss inspector should do which of the following?

On a Loss Draft inspection the inspector should meet with:

Which of the following photographs are required when completing Insurance Loss Inspections?

“Does the mortgagor plan to remain in the property?” and “Has hazard or flood insurance been filed?” are two questions unique to what type of inspection?

If a property has been completely destroyed by a disaster, how should it be reported?

What does FEMA stand for?

Which of the following is not a common field for a FEMA inspection?

Which of the following is not a common field for a FEMA inspection?

An REO inspection is always only interior inspection and an exterior inspection is not required.

Merchant Site Inspections help various credit card issuers mitigate risk and fraud when establishing a new account or following up on suspicious activity with an existing merchant.

Merchant Site inspections usually require the inspector to set an appointment.

Specialty Inspections never involve residential properties.

If the vehicle is not in plain sight, the inspector should not attempt to locate the vehicle by trespassing, peering through a garage window or the like.

The year, make and model are not necessary items on a vehicle inspections because the client already has that information.

Inspectors should give advise on repairs to the mortgagor on Insurance Loss Inspections.

Interior Insurance Loss inspections always require an appointment with the homeowner only.

Multiple orders may be placed by the client for a Loss Draft inspection.

As part of a Fannie Mae inspection, the Servicer uses the Fannie Mae Form 30 to document property inspections to determine the condition of properties owned or securitized by Fannie Mae.

Mortgage Field Inspectors are the “eyes and ears” for the investors.

Field inspectors are required to have a fuel-efficient vehicle and an all-terrain vehicle.

Which of the following items are necessary for providing inspection services?

Which of the following items are NOT necessary for providing inspection services?

As a professional courtesy and in accordance with the Fair Debt Collections Act, inspections should be completed when?

It is not necessary for the inspector to carry ID since they are an independent contractor.

In many cases, the investor requires 24-hour notification, when a property is being reported as FTV in order to avoid the accumulation of additional damage at a property.

What is the purpose of Errors and Omissions insurance?