Description
Gain a practical understanding of Regulation Z and how to avoid common pitfalls.
Regulation Z ClosedEnd Credit for Compliance reviews the closedend portion of Regulation Z, including history, purpose, coverage, and disclosures. The Truth in Lending Acts implementing rule, Regulation Z, protects consumers by requiring lenders to make an informed credit decision by providing detailed disclosures during the life of the loan. This regulation is important to know for Compliance Officers and helps prevent any type of regulatory issues that occur with regulation Z. During this webinar, will go through the background, scope, compliance issues surrounding Regulation Z and disclosure requirements. In addition, we will cover the regulatory issues and how to prepare for examinations.
Date: 2024-02-28 Start Time: 1:00 PM ET End Time: 2:05 PM ET
Learning Objectives
* You will be able to describe the characteristics of highcost mortgages, higherpriced mortgages, and qualified mortgages.
* You will be able to discuss the compliance issues and risks with Regulation Z.
* You will be able to explain the coverage under Reg Z.
* You will be able to identify credit transactions covered under Regulation Z.