Residential Mortgage ABCs - The Regulations       





This course provides an overview of the regulations and acts that regulate the residential mortgage lending process.


1.5 Hour(s)


  • Gain an understanding of the purpose of the federal regulations governing residential mortgages.
  • Appreciate the impact of each of the seven federal regulations as they apply to the mortgage lending process. 1. Regulation B - Equal Credit Opportunity Act (ECOA) 2. Regulation BB - Community Reinvestment Act (CRA) 3. Regulation C - Home Mortgage Disclosure Act (HMDA) 4. Regulation X - Real Estate Settlement Procedures Act (RESPA) 5. Regulation Z - Truth in Lending Act (TILA) 6. Fair Credit Reporting Act 7. Flood Disaster Protection Act
  • Understand the legal implications for failing to follow all federal regulations.

     36B3R4.1

    View the Business Training Library Course Catalog