Discusses Regulation Z disclosure issues pertinent to mortgage lending, and includes the Regulation Z rules applicable to loan servicing, MDIA, appraisals, mortgage servicing rules and mortgage loan originator compensation.
After completing this course, students will be able to:
• Identify the mortgage transfer disclosures under the Mortgage Disclosure Improvement Act (MDIA)
• Describe the rules on mortgage loan originator compensation
• Identify the loan transfer and loan servicer rules
• Examine the Reg Z rules on appraisals