Reg Z Mortgages (Closed-End Credit)

Course Number: RZM1

Course Code: ABA 308

Reg Z Mortgages (Closed-End Credit) discusses Regulation Z disclosure issues pertinent to mortgage lending, and includes the new Regulation Z rules applicable to loan servicing, MDIA, appraisals, mortgage servicing rules and mortgage loan originator compensation.

Learning Objectives
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: Reg Z Overview