Reg Z Adjustable Rate Mortgages
Course Number: ABA
Course Code: ABA
Covers the features, benefits, advantages, and disadvantages of adjustable rate mortgage loans. Discusses Regulation Z disclosure requirements for ARMs.
What You’ll Learn
After completing this course, students will be able to:
- Examine why ARMs may or may not be the best option for consumers
- Describe the four components of an ARM
- Identify the disclosure requirements of an ARM
Audience: Any branch staff who discusses mortgage products with consumers or who take mortgage loan applications.