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Reg Z HOEPA (Sect. 32) Loans and Higher-Priced Mortgage Loans

Course List | ABA Member Registration | Non-Member Registration

*Reviewed: Mar. 2012

Reg Z HOEPA (Sect. 32) Loans and Higher-Priced Mortgage Loans describes the characteristics of mortgage loans subject to either the HOEPA or the HPML requirements of Regulation Z. The course explains the underwriting standards, timing and disclosure requirements, escrow, and servicing requirements. It also explains the penalties for violations of these sections of Regulation Z.

Price $130 Nonmembers / $95 Members
ABA Frontline Compliance This course is available to ABA Member banks at no cost under a license agreement. Learn more.
Course Credits AIB: 0, ICB: 1.0 CPB, CLBB, CRCM
Prerequisites Reg Z Overview
Required Software None
Optional Software Adobe Acrobat Reader and RealPlayer

Audience

All branch personnel responsible for taking consumer mortgage loan applications.

Learning Objectives

By the of this course, the students will be able to:

  • Identify the disclosures required and what they include
  • Describe the features that are banned from high-rate, high-fee loans
  • Examine the impact of new laws and regulations that protect consumers against abusive lending practices
  • Recognize a HOEPA and a HPML loan based on price and type of loan
  • Describe the three new special compliance requirements
  • Identify the consequences for not complying with the new Reg Z rules

*Reviewed to meet current regulations, but no changes were made.


Questions? Please contact training@aba.com for more information.