Chapter 5: Compliance Lending Issues

Truth in Lending Act

• Introduction 55k
• Format of Regulation Z 69k
• Subpart A桮eneral 63k
• Determination of Finance Charge and APR 176k
• Subpart B桹pen-End Credit 62k
• Annual Percentage Rate (Open-End Credit) 62k
• Subpart C桟losed-End Credit 233k
• Subpart D桵iscellaneous 74k
• Subpart E桽pecial Rules for Certain Home Mortgage Transactions 49k
• Subpart F-Electronic Communication 63k
• Specific Defenses �8 Defense Against Civil, Criminal, and Administrative Actions 48k
• Additional Defenses Against Civil Actions 48k
• Statute of Limitations �8 and �0 62k
• Rescission Rights (Open-End and Closed-End Credit) �6.15 and �6.23 49k
• Examination Objectives 49k
• Examination Procedures 185k
• References 36k

Determining Whether TIL Restitution is Required

• Overview 55k
• Legal Requirements 69k
• Procedures for Making a Request 49k
• Process for Making Restitution 49k
• Determining Whether a Pattern or Practice Exists 62k
• References 48k

Real Estate Settlement Procedures Act (RESPA)

• Introduction 55k
• Regulation Overview 129k
• Examination Objectives 49k
• Examination Procedures 151k
• References 40k
• Job Aids 40k

Homeownership Counseling Act

• Introduction 55k
• Statutory Overview 55k
• Requirements 55k
• Definitions 55k
• Examination Objective 55k
• Examination Procedures 66k
• Examination Checklist 46k
• References 46k

Homeowners Protection Act

• Introduction 92k
• Regulation Overview 92k
• Cancellation and Termination of PMI for Non High Risk Residential Mortgage Transactions 106k
• Exceptions to Cancellation and Termination Provisions for High Risk Residential Mortgage Transactions 63k
• Basic Disclosure and Notice Requirements Applicable to Residential Mortgage Transactions and Residential Mortgages 63k
• Notification Upon Cancellation or Termination of PMI Relating to Residential Mortgage Transactions 49k
• Disclosure Requirements for Lender-Paid Mortgage Insurance 62k
• Fees for Disclosures 48k
• Civil Liability 48k
• Enforcement 48k
• Examination Objectives 48k
• Examination Procedures 62k
• Conclusions 48k
• References 48k
• Job Aids 76k

Flood Disaster Protection

• Introduction 69k
• Flood Insurance Requirements for Lending Institutions 110k
• Penalties and Liabilities 62k
• Federal Emergency Management Agency (FEMA) 48k
• Examination Objectives 48k
• Examination Procedures 62k
• FDPA Examination Checklist 70k
• FDPA Model Worksheet 75k
• References 38k

Equal Credit Opportunity Act (ECOA)

• Introduction 53k
• Examination Procedures 53k
• Technical Compliance Checklist 169k
• References 45k
• Job Aids 45k

Fair Housing Act (FHAct)

• Overview 54k
• Background and Introduction 54k
• Examination Procedures 54k
• Technical Compliance Checklist 65k
• References 46k
• Job Aids 46k

Home Mortgage Disclosure Act

• Introduction 55k
• Applicability 70k
• Compilation of Loan Data 64k
• Excluded Data 49k
• Reporting Format 63k
• Disclosure 49k
• Examination Objectives 48k
• Examination Procedures 85k
• Examination Conclusions 49k
• References 62k
• Job Aids 60k
• Examination Checklist 109k

Consumer Leasing

• Introduction 69k
• General Disclosure Requirements 49k
• Advertising 49k
• Limits on Balloon Payments 49k
• Penalties and Liability 49k
• Record Retention 49k
• Examination Objectives 62k
• Examination Procedures 48k
• References 36k
• Job Aids 36
• Examination Checklist 83k