If you are in the mortgage industry, you can't afford NOT to take this course! Designed to help those in the mortgage lending profession understand the Truth in Lending Act (TILA), especially in relation to advertising, you will explore specific information about transactions that are and are not covered, the borrower's right of rescission, administrative enforcement and lender liability, the basic principles of advertising, trigger terms and accuracy, compliance, and liability for violations, general requirements as to required disclosures, types of advertisements, and what can be advertised, appropriate advertisements for different types of financing rates, advertising requirements for closed-end and open-end home equity credit, and misleading terms that are found in home equity advertisements.
Truth In Lending Act * Truth In Advertising I - General Info * Truth In Advertising II - Closed-End Credit Disclosures * Truth In Advertising III - Open-End Credit Disclosures
Online format is convenient for home or office study. Interactive exercises and chapter reviews help focus on important terms and concepts.