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N8

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
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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Created by: bronny
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