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MLO Exam Simulator
  • Exam Code: MLO
  • Exam Name: Mortgage Loan Origination (SAFE MLO) Exam
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  • Q & A: 40 Questions and Answers
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NEW QUESTION: 1
The condition where futures prices of an underlying asset are lower than cash (spot) prices is known as:
A. Contango
B. Conchacha
C. Backwardation
D. Reverse backwardation
Answer: C

NEW QUESTION: 2
There is a GRE tunnel configured over the Internet between Router-1 and Router-2. An OSPF adjacency is configured over this GRE tunnel.
However, the OSPF adjacency briefly reaches the Full state before it is torn down. This cycle repeats indefinitely.
Which two actions would you perform to solve this problem? (Choose two.)
A. Configure the physical WAN interfaces on both routers as passive OSPF interfaces.
B. Configure static routes to the tunnel endpoints.
C. Configure OSPF to not export the tunnel endpoint interface routes.
D. Configure the GRE interfaces on both routers as passive interfaces in OSPF.
Answer: B,C

NEW QUESTION: 3
You publish an application named MyApp to Azure Active Directory (Azure AD). You grant access to the web APIs through OAuth 2.0.
MyApp is generating numerous user consent prompts.
You need to reduce the amount of user consent prompts.
What should you do?
A. Configure the Open Web Interface for .NET.
B. Enable WS-federation access tokens.
C. Configure SAML 2.0.
D. Enable Multi-resource refresh tokens.
Answer: D
Explanation:
When using the Authorization Code Grant Flow, you can configure the client to call multiple resources. Typically, this would require a call to the authorization endpoint for each target service. To avoid multiple calls and multiple user consent prompts, and reduce the number of refresh tokens the client needs to cache, Azure Active Directory (Azure AD) has implemented multi-resource refresh tokens. This feature allows you to use a single refresh token to request access tokens for multiple resources.
References:
https://msdn.microsoft.com/en-us/library/azure/dn645538.aspx

NEW QUESTION: 4
Which of the following was not designed to be a proprietary encryption algorithm?
A. RC4
B. RC2
C. Skipjack
D. Blowfish
Answer: D
Explanation:
Blowfish is a symmetric block cipher with variable-length key (32 to 448 bits)
designed in 1993 by Bruce Schneier as an unpatented, license-free, royalty-free replacement for
DES or IDEA. See attributes below:
Block cipher: 64-bit block
Variable key length: 32 bits to 448 bits
Designed by Bruce Schneier
Much faster than DES and IDEA
Unpatented and royalty-free
No license required
Free source code available
Rivest Cipher #2 (RC2) is a proprietary, variable-key-length block cipher invented by Ron Rivest
for RSA Data Security, Inc.
Rivest Cipher #4 (RC4) is a proprietary, variable-key-length stream cipher invented by Ron Rivest
for RSA Data Security, Inc.
The Skipjack algorithm is a Type II block cipher [NIST] with a block size of 64 bits and a key size
of 80 bits that was developed by NSA and formerly classified at the U.S. Department of Defense
"Secret" level. The NSA announced on June 23, 1998, that Skipjack had been declassified.
References:
RSA Laboratories http://www.rsa.com/rsalabs/node.asp?id=2250 RFC 2828 - Internet Security Glossary http://www.faqs.org/rfcs/rfc2828.html

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