Home  ::  Log In  ::  Search :: 
Classroom-Based Programs
Conferences and Workshops
Instructor-Guided Online Courses
Live Webinars

Designations and Certificates
Magazine and Newsletter Subscriptions
Market and Research Data
Publications and Guides
Self-Study Web-Based Courses
Webinar Recordings and Packages

RC_RC_LP_200.3 Disclosure Laws in Loan Origination
Member Price: $49.00
Nonmember Price: $79.00
Product Code: DL2-011057-WC-W
Delivery Options: N/A

Description of Product

This is a single-family/residential course.

Disclosure laws are designed to require mortgage lenders to provide borrowers with specific, accurate, and timely information regarding the cost involved in obtaining a mortgage loan so that borrowers can make informed decisions. They also inform borrowers about their rights as consumers in the mortgage lending process and safeguard borrowers against mortgage lenders who participate in misleading or abusive practices.

In the Disclosure Laws in Loan Origination Web Module, we will take an in-depth look at the laws that most significantly affect disclosure requirements in the mortgage industry. We will first explore the disclosure requirements set forth by the Truth in Lending Act (TILA), which was enacted to promote the informed use of consumer credit. Next, we will review the disclosure requirements imposed by the Real Estate Settlement Protection Act (RESPA), which was implemented with the intention of helping consumers better shop for settlement services and eliminate unnecessary costs.

The disclosure aspects of both of these major pieces of legislation were affected by the TILA-RESPA Integrated Disclosure (TRID) rule, which implemented the mandate of the Dodd-Frank Act to simplify and consolidate the consumer disclosure forms required by each. In addition to creating two new forms that replaced the four previously required, the rule also introduced or changed items in Regulations Z and X, which implement TILA and RESPA. We will look at the implications of TRID in this module.

We will then explore the Home Ownership and Equity Protection Act (HOEPA), an amendment to the TILA that establishes disclosure requirements regarding high cost loans and prohibits unfair and deceptive practices. We will also review how the Equal Credit Opportunity Act (ECOA) and Fair Credit Reporting Act (FCRA) have impacted communication of disclosures regarding credit decisions. Finally, we will examine disclosures related to private mortgage insurance, set forth by the Homeowners Protection Act (HPA).


  • Truth in Lending Act
  • Real Estate Settlement Procedures Act
  • TILA-RESPA Integrated Disclosure Rule
  • Home Ownership and Equity Protection Act
  • Equal Credit Opportunity Act
  • Fair Credit Reporting Act
  • Homeowners Protection Act

    Seat time approximately one (1) hour.

    Copyright 2015.

    Product Category:
    Self-Study Web-Based Courses 
    This is a self-paced, self-study course. Enroll anytime and take up to 12 months to complete the course. 
    Contact Info:

    For registration information, call (800) 793-6222 or email education@mba.org.

    Contact E-mail:
    RC_RC_LP_200.3 Disclosure Laws in Loan Origination 
    You may also be interested in these products...
    RC_RC_LP_200.1 Intro to Compliance in Loan Origination
    RC_RC_LP_200.2 Licensing Laws in Loan Origination
    RC_RC_LP_200.4 Consumer Protection in Loan Origination

       Terms of Use & Privacy Statement

    Copyright © 2019 Mortgage Bankers Association.  All rights reserved.