N8
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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Truth in lending act/Regulation Z | show 🗑
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show | disclose settlement costs. good faith estimate of costs within 3 days of loan application. HUD-1 inspection one day prior to closing, shopping for your home loan. 1-4 fam. property financed federally regulated loan no carry backs/loan assumptions.
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show | limits 4 in escrow. prohibits kickbacks. disclosure of affiliated business relationships/receipt of fees/services. buyer chooses title insurance company
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show | protect public from inaccurate info. consumer has right to inspect/correct file. denied credit because of report, credit bureau must be given to consumer
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show | prohibits discrimination (credit) on basis of color, race, religion, national origin, sex, marital status, age or help from public assistance. (protected classes)
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Americans with disabilities act (ADA) | show 🗑
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show | requires full public record of property
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Fair housing laws | show 🗑
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Civil rights act of 1866 | show 🗑
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Federal fair housing act of 1968 | show 🗑
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Steering | show 🗑
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show |
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show | lenders/insur. company denying loans in specific areas
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Fair housing amendments act of 1988 | show 🗑
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show | families with ids under 18
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