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TRUTH IN LENDING ACT - REGULATION Z
Self-paced online course: ABA eLearning
Price: $95 members; $130 non-members ENROLL NOW
Course Description: Truth in Lending Act
- Regulation Z gives students key actions required to be in compliance with
Regulation Z. Students begin the course by learning about the conditions
that led to the enactment of Regulation Z. Students learn how to explain
the annual percentage rate to customers. The course provides specific
disclosure requirements for both open-end and closed-end types of credit,
as well as the additional requirements for home-related loans. Students are
introduced to the rescission period—how it works and who is entitled to
this provision. The course also covers how Regulation Z is enforced, and
the penalties for non-compliance with Regulation Z. REVISED: 2009
Audience: Bank personnel involved in the lending
process, including mortgage, consumer and small business lenders, loan
processors and loan servicers.
Learning Objectives:
After completing this course,
students will be able to:
·
Describe the
types of loans covered by Regulation Z
·
Answer
customer questions about annual percentage rate
·
Describe different
types of disclosure requirements
·
Explain the
right of rescission
Course Credits: AIB: 0.0 ; ICB: 1.5 CPB
Questions: Call 212-297-1679 or email elegg@nyba.com.
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