Reg Z Reverse Mortgages

Course Number: ABA

Course Code: ABA

This course defines reverse mortgages and covers suitability for such products, and reviews the current disclosure requirements.

Updated: March 2019
Re-versioned: May 2016

What You’ll Learn
After completing this course, students will be able to:

-Describe a reverse mortgage
-Describe the advantages and disadvantages of a reverse mortgage for some consumers
-Identify the disclosure requirements for a reverse mortgage including the TALC rate

Audience: Branch staff such as consumer loan officers who discuss reverse mortgages with consumers.

Prerequisites: The Reg Z Overview course must be taken at least once before any other Reg Z course is attempted.

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Member Price: $55.00
Non-Member Price: $75.00
Textbook Charge: $0.00

Credits: 0.5 CLBB, CRCM

Length: 25 min

ABA Training