Real Estate Settlement Procedures Act - American Bankers Association The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) made significant changes to the federal consumer protection laws for residential mortgage loans, including the Real Estate Settlement Procedures Act (RESPA) and the Truth In Lending Act (TILA)
Real Estate Settlement Procedures Act (RESPA) for Compliance Professionals This course reviews the requirements of the Real Estate Settlement Procedures Act (RESPA), including the disclosure requirements and the anti-kickback provisions, loan servicing standards, and escrow account management RESPA has the following four primary purposes:
Real Estate Settlement Procedures Act (RESPA) Overview The Real Estate Settlement Procedures Act (RESPA) Overview Frontline course provides information about consumer protections during the home buying process The course identifies the types of loans RESPA and its implementing regulation, Regulation X, cover and the disclosures they require
Consumer Financial Protection Act - American Bankers Association The Bureau is also responsible for oversight of mortgage lending and servicing disclosures and requirements under the Truth in Lending Act and the Real Estate Settlement Procedures Act The Act also instructed the Bureau to create a database where consumers can submit complaints about financial service companies and products
ABA Frontline Compliance - American Bankers Association describes activities that are prohibited and permissible under the Act New Version Released: January 15, 2024 Length: 20 minutes Bank Protection Act This course explains the Bank Protection Act, which requires banks to adopt policies and procedures to protect bank employees and bank customers
ABA Certificate in Mortgage Lending Compliance Fair Housing Act for Compliance Professionals; Homeowners Protection Act for Compliance Professionals; Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) Regulation G for Compliance Professionals; The estimated time to complete the 14 required courses is approximately 13 hours and 45 minutes Credits
Truth in Lending Act (Reg Z) | American Bankers Association Regulation Z impacts all consumer credit including mortgages, home equity, car, and personal loans as well as credit cards In addition to disclosures, it imposes limitations on home equity plans, addresses certain charges applicable to credit cards, and regulates certain practices with regard to private education loans
Contents Real Estate Settlement Procedures Act 136 Fair Credit Reporting Act 136 Flood Disaster Protection Act 136 Bank Lending Limits 137 Servicemembers Civil Relief Act (SCRA) and Military Lending
Equal Credit Opportunity Act (Reg B) - American Bankers Association The Equal Credit Opportunity Act, which is part of the Consumer Credit Protection Act, was adopted on October 28, 1974 The law is designed to promote credit availability to all credit-worthy applicants, regardless of race, color, religion, national origin, sex, marital status, receipt of public assistance, the exercise of a right under the
Fair and Accurate Credit Transactions Act - American Bankers Association The Fair and Accurate Credit Transactions Act, passed in 2003, amended the Fair Credit Reporting Act Provisions impacting banks include those related to identify theft, credit scores, risk-based pricing, sharing of information with affiliates, obligation of banks to report accurately and resolve consumer disputes, and address change requests