Ch 15: Federal Real Estate Financing Regulations

About This Chapter

Deepen your knowledge of federal real estate financing regulations using the entertaining lessons and multiple-choice quizzes in this chapter. These study tools are accessible anytime, ensuring preparations for a future test are totally convenient.

Federal Real Estate Financing Regulations - Chapter Summary

Whether you're interested in learning more about the Truth in Lending Act or RESPA, this chapter offers the in-depth explanations you need. Explore engaging lessons to study the basics of mortgage fraud, Regulation B and other federal real estate financing regulations. In a short amount of time, you should be ready to do the following:

  • Describe Regulation Z in the Truth in Lending Act
  • Explain the rules and purpose of TRID
  • Provide an overview of RESPA and Regulation X
  • Discuss the basis of the Equal Credit Opportunity Act and Regulation B
  • List and describe types of mortgage fraud
  • Outline various lending issues in the real estate market

Studying for an exam can feel challenging when you're not sure how to fit your test preparations into a busy schedule. Fortunately, this chapter's flexible format allows you to access the lessons and all other study tools 24/7 using any computer or mobile device. Choose the lessons you want to study, review them as many times as you'd like, and test your knowledge of key concepts anytime using self-assessment quizzes. Easily revisit lessons by visiting the dashboard, which keeps track of your chapter progress.

6 Lessons in Chapter 15: Federal Real Estate Financing Regulations
Test your knowledge with a 30-question chapter practice test
Truth in Lending Act & Regulation Z: Definition & Overview

1. Truth in Lending Act & Regulation Z: Definition & Overview

How much does that home mortgage actually cost? Let's take a look at the highlights of the Truth in Lending Act and Regulation Z to see how lenders must inform borrowers about the total costs of borrowing money.

What is TRID? - Definition, Purpose & Rules

2. What is TRID? - Definition, Purpose & Rules

The Consumer Finance Protection Bureau implemented TRID to inform and protect consumers when applying for real estate mortgages. This lesson will define TRID, provide a brief history, detail the information provided to consumers, and conclude with the basic compliance regulations.

RESPA & Regulation X: Definition & Overview

3. RESPA & Regulation X: Definition & Overview

Home buyers and anyone seeking real estate financing for residential property are provided with a number of benefits under RESPA and Regulation X. In this lesson we will look at the required disclosures and consumer protections in these laws.

The Equal Credit Opportunity Act & Regulation B

4. The Equal Credit Opportunity Act & Regulation B

Most people need access to credit in order to purchase real estate. In this lesson, you'll learn about the Equal Opportunity Act and Regulation B and how they help ensure that lenders don't unfairly deny credit.

What is Mortgage Fraud? Types & Examples

5. What is Mortgage Fraud? Types & Examples

Every year home buyers and real estate professionals alike lie or commit crimes that involve real estate mortgages. Mortgage fraud can take a number of forms, although there are consumer protections in place to minimize incidents and their impact.

Lending Issues in the Real Estate Market

6. Lending Issues in the Real Estate Market

Since the 2007-2008 housing market collapse, two of the defining issues in real estate lending have been tightening up of lending standards and decreasing interest rates for mortgage loans. In this lesson, we will discuss these issues and how they affect the current housing market.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
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Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
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