CFTEA

Reg Z HELOCs (Open End Credit)

$55.00

SKU: 40008b9a5380 Category:
Code: A2098SP

Description

Explains the Regulation Z requirements for home equity lines of credit, including disclosures, changes in terms, and periodic statements.

 

After completing this course, students will be able to:
• Define a home equity line of credit
• Explain what disclosures are required and when they must be provided
• Identify the circumstances when lenders are allowed to change the terms of a home equity line of credit
• Understand the requirements for periodic statements

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