Course Library

This Regulation Z: Ability to Repay and Qualified Mortgages online training course will provide an overview of each of the subparts within the Truth in Lending Act. The regulation encompasses several laws or acts and has been amended over and over, it requires creditors to disclose the terms and cost of consumer credit transactions along with a host of other things.

Regulation Z addresses consumer protections in relation to adjustable rate mortgage loans. Requirements include initial disclosures, specific content in other closed-end disclosures, and subsequent servicing notices after consummation. This Regulation Z: Adjustable Rate Mortgage Loans online training course will discuss the disclosures required, the timing and content of those disclosures, and other servicing requirements.

Regulation Z provides specific rules for calculating some of the items required on certain disclosures, specifically the annual percentage rate. It also allows for certain tolerances of error. This Regulation Z: APR and Finance Charges online training course will discuss the details of calculating the annual percentage rate, including defining finance charges used to calculate the APR.    

This Regulation Z: Closed-End Credit (Non-Real Estate) online training course focuses on the requirements and limitations extended to closed-end consumer credit that is not secured by real estate. The regulation requires creditors to disclose the terms and cost of consumer credit transactions and includes rules meant to inform and protect consumers.

This Regulation Z: Closed-End Credit (Real Estate) online training course focuses on the requirements extended to closed-end consumer credit that is secured by real estate, focusing mainly on the Integrated Disclosures (TRID). The regulation requires creditors to disclose the terms and cost of consumer credit transactions and includes rules meant to inform and protect consumers.

This Regulation Z: Credit Card Rules online training course will provide you with a comprehensive look at the requirements banks must follow under Regulation Z. You will explore the ability to pay; the limitations on fees and on the imposition of finance charges; the allocation of payments; the requirements for over-the-limit transactions; the reporting and marketing rules for college student open-end credit; the internet posting of credit card agreements and the reevaluation of rate increases.

The Home Ownership and Equity Protection Act of 1994 (HOEPA) amended the Truth in Lending Act (TILA). The law imposed new disclosure requirements and substantive limitations on certain closed-end mortgage loans bearing rates or fees above a certain percentage or amount. This Regulation Z: High Cost Mortgage Loans (HOEPA) online training course details the Regulation Z rules of HOEPA.

Regulation Z, Truth in Lending Act, sets the requirements for mortgage lending. One of those requirements pertains to higher priced mortgage loans as it pertains to escrow accounts and appraisals. This Regulation Z: High Priced Mortgage Loans (HPML) online training course discusses the definition of higher priced mortgage loans as well as the escrow and appraisal requirements for these loans.