5-Laws Affecting Mortgage Lending-Real Estate Finance
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LAWS AFFECTING MORTGAGE LENDING Truth-in-Lending and Regulation Z The Consumer Credit Protection Act, enacted in 1969 and since amended by the Truth-in-Lending Simplification and Reform Act, is implemented by the Federal Reserve’s Regulation Z. Regulation Z applies to all loans secured by a residence. It does not apply to commercial loans or to agricultural loans over $25,000. […]