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Regulation Z: High Priced Mortgage Loans (HPML)

Regulation Z, Truth in Lending Act, sets the requirements for mortgage lending. One of those requirements pertains to higher priced mortgage loans as it pertains to escrow accounts and appraisals.
SKU: P0175EN
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Regulation Z, Truth in Lending Act, sets the requirements for mortgage lending. One of those requirements pertains to higher priced mortgage loans as it pertains to escrow accounts and appraisals. This course discusses the definition of higher priced mortgage loans as well as the escrow and appraisal requirements for these loans. This course is intended for lenders, loan operations, and compliance personnel.

 Learning Objectives:

  • Identify a higher priced mortgage loan
  • Know when an escrow account is required and the limited exemptions from the requirement
  • Know the circumstances under which a second appraisal is required

Duration:

0.5 hours

Features:

Mobile, accessible, audio, video

Module(s):

40481EN

Products specifications
Course Features Accessible
Course Features Video
Course Language English
Length Range 30 Minutes or Less
Length (Hours) 0.5
Course Features Audio
Course Features Mobile
Module Number(s) 40481EN
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