Finance
Under Virginia's anti-predatory lending law, which of the following is prohibited on covered home loans?
AFixed interest rates
BSingle-premium credit insurance financed into the loan✓ Correct
CPoints paid at closing
DEscrow accounts for taxes and insurance
Explanation
Virginia's anti-predatory lending provisions prohibit practices like single-premium credit insurance financed into the loan, certain prepayment penalties, and loan flipping on covered home loans.
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