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.

?Updated: February 2019
Re-versioned: May 2016

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.