consumer protection

(redirected from Truth in Lending Act)
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Related to Truth in Lending Act: Fair Credit Reporting Act
Translations

consumer protection

ntutela dei consumatori
References in periodicals archive ?
The Truth in Lending Act will apply, should apply; we have to protect consumers against force and fraud and deception but we've got to quit protecting consumers right out of their homes," he said on the House floor.
* The Federal Reserve Board has published its annual adjustment of the dollar amount of fees that triggers additional disclosure requirements under the Truth in Lending Act for home mortgage loans that bear rates or fees above a certain amount.
In addition to the Truth in Lending/Regulation Z final rule changes, Congress recently passed the comprehensive Housing and Economic Recovery Act of 2008, which included changes to the Truth in Lending Act similar to the regulatory requirements discussed above.
The staff of the Federal Trade Commission has provided its 2016 Annual Financial Acts Enforcement Report to the Consumer Financial Protection Bureau on enforcement and related activities regarding Regulation Z (Truth in Lending Act), Regulation M (Consumer Leasing Act), and Regulation E (Electronic Fund Transfer Act).
Bill Huizenga (R-Mich.), would adjust the definition of points and fees under the Truth in Lending Act as applied in the CFPB's qualified mortgage rule.
The work covers topics relating to residential mortgages including government regulations such as the Truth in Lending Act, the Real Estate Settlement Procedures Act, and the Fair Housing Act, as well as more general topics including treatment of residential mortgages in bankruptcy, consumer privacy and data protection statutes, and state law preemptions of federal guidelines.
The Truth in Lending Act, also known as Regulation Z, requires lenders to disclose clear terms of all lending arrangements and all costs.
The report summarizes court decisions, pladings, regulatory actions, and legislative developments and cover topics such as the truth in Lending Act, the Home Owners Equity Protection Act, the Real Estate Settlement Procedures Act, the Fair Housing Act, predatory lending, mortgage disclosures, discrimination, consumer protection/unfair trade, foreclosures and bankruptcy.
HNB requires an opinion letter from borrowers' counsel at the closing of each of these loans concluding that the borrowers' loans comply with the Truth in Lending Act and applicable state law.
Specifically, this bill would require Truth in Lending Act (TILA) disclosure for anyone attempting to peddle PACE loans.
The Mavent system reviews the loans for compliance with aspects of the Truth in Lending Act (TILA); local, state and federal high-cost loan thresholds; state licensing and consumer credit laws; the Home Mortgage Disclosure Act (HMDA); and Fannie Mae's points and fees thresholds.