ECOA (Reg B) - ANSWER Equal Credit Opportunity Act (Reg B) Prohibit
discrimination
HMDA - ANSWER Home Mortgage Disclosure Act (Reg C)
requires lenders to report public loan data on both approved and denied loans
FCRA - ANSWER Fair Credit Reporting Act (Reg V)
promotes accuracy and ensures privacy of consumer credit information
RESPA - ANSWER Real Estate Settlement Procedure Agreement (Reg X)
disclosure laws
TILA - ANSWER Truth In Lending Act (Reg Z) cost disclosure laws
FNMA - ANSWER Federal National Mortgage Association - Fannie Mae
FHLMC - ANSWER Federal Home Loan Mortgage Corporation / Freddie MAC
FHFA - ANSWER Federal Housing Finance Agency
FDIC - ANSWER Federal Deposit Insurance Corporation
FHA - ANSWER Federal Housing Administration
Government agency that insures mortgage loans.
FFIEC - ANSWER Federal Financial Institutions Examination Council
FRB - ANSWER Federal Reserve Board
FHFA - ANSWER Federal Housing Finance Agency
FHFB - ANSWER Federal Housing Finance Board
CRA - ANSWER Community Reinvestment Act; promotes banking services to
communities
HELOC - ANSWER Home Equity Line of Credit
OTS - ANSWER Office of Thrift Supervision; also monitors compliance with the
Community Reinvestment Act (CRA)
NCUA - ANSWER National Credit Union Administration
OCC - ANSWER Office of the Comptroller of the Currency
FFIEC - ANSWER Federal Financial Institutions Examination Council
MBS - ANSWER Mortgage Backed Securities
GSE - ANSWER Government Sponsored Enterprise
, VA - ANSWER Veterans Administration
CFPB - ANSWER Consumer Financial Protection Bureau (DODD-Frank Bill)
Alt-A - ANSWER Alternative A Paper Loan
RHS - ANSWER Rural Housing Service
Dodd-Frank Act - ANSWER Created the Consumer Financial Protection Bureau
Title X of the Dodd Frank Act created which new regulatory entity? - ANSWER
Created the CFPB
Title XIV - ANSWER Mortgage Reform and Anti-Predatory Lending Act
MBS - ANSWER Mortgage Backed Securities
SAFE - ANSWER Secure and Fair Enforcement for Mortgage Licensing Act
TILA - Reg Z - ANSWER Regulates Disclosures
MDIA - ANSWER Mortgage Disclosure Improvement Act
HOEPA - ANSWER Home Ownership and Equity Protection Act
RESPA Reg X - ANSWER Help borrowers become better informed shoppers
HPA - ANSWER Homeowners Protection Act
FACTA - ANSWER Fair and Accurate Credit Transactions Act
CFR - ANSWER Code of Federal Regulations
Statutes - ANSWER Written laws made by legislatures
AfBA - ANSWER Affiliated Business Arrangement
APR - ANSWER Annual Percentage Rate
TRID - ANSWER TILA-RESPA Integrated Disclosure
Title XIV - ANSWER Mortgage Reform and Anti-Predatory Lending Act
Qualified Loans - ANSWER Title XIV
Advertisting - ANSWER
UST - ANSWER Uniform State Test
discrimination
HMDA - ANSWER Home Mortgage Disclosure Act (Reg C)
requires lenders to report public loan data on both approved and denied loans
FCRA - ANSWER Fair Credit Reporting Act (Reg V)
promotes accuracy and ensures privacy of consumer credit information
RESPA - ANSWER Real Estate Settlement Procedure Agreement (Reg X)
disclosure laws
TILA - ANSWER Truth In Lending Act (Reg Z) cost disclosure laws
FNMA - ANSWER Federal National Mortgage Association - Fannie Mae
FHLMC - ANSWER Federal Home Loan Mortgage Corporation / Freddie MAC
FHFA - ANSWER Federal Housing Finance Agency
FDIC - ANSWER Federal Deposit Insurance Corporation
FHA - ANSWER Federal Housing Administration
Government agency that insures mortgage loans.
FFIEC - ANSWER Federal Financial Institutions Examination Council
FRB - ANSWER Federal Reserve Board
FHFA - ANSWER Federal Housing Finance Agency
FHFB - ANSWER Federal Housing Finance Board
CRA - ANSWER Community Reinvestment Act; promotes banking services to
communities
HELOC - ANSWER Home Equity Line of Credit
OTS - ANSWER Office of Thrift Supervision; also monitors compliance with the
Community Reinvestment Act (CRA)
NCUA - ANSWER National Credit Union Administration
OCC - ANSWER Office of the Comptroller of the Currency
FFIEC - ANSWER Federal Financial Institutions Examination Council
MBS - ANSWER Mortgage Backed Securities
GSE - ANSWER Government Sponsored Enterprise
, VA - ANSWER Veterans Administration
CFPB - ANSWER Consumer Financial Protection Bureau (DODD-Frank Bill)
Alt-A - ANSWER Alternative A Paper Loan
RHS - ANSWER Rural Housing Service
Dodd-Frank Act - ANSWER Created the Consumer Financial Protection Bureau
Title X of the Dodd Frank Act created which new regulatory entity? - ANSWER
Created the CFPB
Title XIV - ANSWER Mortgage Reform and Anti-Predatory Lending Act
MBS - ANSWER Mortgage Backed Securities
SAFE - ANSWER Secure and Fair Enforcement for Mortgage Licensing Act
TILA - Reg Z - ANSWER Regulates Disclosures
MDIA - ANSWER Mortgage Disclosure Improvement Act
HOEPA - ANSWER Home Ownership and Equity Protection Act
RESPA Reg X - ANSWER Help borrowers become better informed shoppers
HPA - ANSWER Homeowners Protection Act
FACTA - ANSWER Fair and Accurate Credit Transactions Act
CFR - ANSWER Code of Federal Regulations
Statutes - ANSWER Written laws made by legislatures
AfBA - ANSWER Affiliated Business Arrangement
APR - ANSWER Annual Percentage Rate
TRID - ANSWER TILA-RESPA Integrated Disclosure
Title XIV - ANSWER Mortgage Reform and Anti-Predatory Lending Act
Qualified Loans - ANSWER Title XIV
Advertisting - ANSWER
UST - ANSWER Uniform State Test
