MORTGAGES. Itemization of Amount Financed Finance Charge Variable Rate Information Contract...

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Transcript of MORTGAGES. Itemization of Amount Financed Finance Charge Variable Rate Information Contract...

Mortgages

Itemization of Amount FinancedFinance ChargeVariable Rate InformationContract ReferenceAssumption PolicyRepayment Disclosures

TIL Content

TimingElectronic

DisclosuresContent

CHARM BookletLoan Program

Early ARM Disclosures

Applicable TransactionsExempt TransactionsDefinition of DwellingProcedureNoticeTime PeriodExtended Rescission PeriodMember and Credit Union’s ActionsWaiverTolerances for AccuracyForeclosures

Rescission

CoverageExceptionsDefinitions: Points

and FeesDisclosureLimitationsProhibited Acts or

Practices

Section 32 Mortgages

General RulesTimingContent

Reverse Mortgage Disclosure

DefinitionExceptionsRulesEvasion

Higher Priced Mortgage Loans

Loan ServicingLoan Originator

CompensationProhibition on

Steering

Prohibited Mortgage Acts and Practices

General RulesTimingExceptionContent

Mortgage Transfer Disclosures

General RulesRestrictionsAllowable ActionsConflicts of InterestCompensationMandatory

Reporting

Valuation Independence