Reg Z Mortgages (Closed-End Credit)
Course Number: ABA
Course Code: ABA
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.
What You’ll Learn
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
Audience: Any branch staff responsible for taking mortgage applications or who are compensated as mortgage loan originators.
Prerequisites: The Reg Z Overview course must be taken at least once before any other Reg Z course is attempted.