Reg Z Reverse Mortgages

Course Number: RZRM1

Course Code: MKR 074

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

Learning Objectives
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: Reg Z Overview

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

Credits: ICB: 0.5 CLBB, CRCM

Length: 25 minutes

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