by Ethan Atkinson | May 15, 2026 | K-O, PropertyPedia
The Mortgage Assistance Relief Services (“MARS”) Rule, also known as Regulation O, is a federal consumer protection regulation issued by the Federal Trade Commission (“FTC”) to address deceptive and abusive practices involving mortgage relief and foreclosure rescue...
by Ethan Atkinson | May 15, 2026 | F-J, PropertyPedia
The Homeowners Protection Act (“HPA”), also known as the Private Mortgage Insurance Cancellation Act of 1998, is a federal law that establishes rules for the cancellation and termination of private mortgage insurance (“PMI”) on certain residential mortgage loans. PMI...
by Ethan Atkinson | May 15, 2026 | F-J, PropertyPedia
A Home Equity Line of Credit (“HELOC”) is a revolving line of credit secured by the equity a borrower has in a residential property. Unlike a traditional mortgage or home equity loan that provides a lump-sum disbursement, a HELOC allows borrowers to access funds as...
by Ethan Atkinson | May 15, 2026 | F-J, PropertyPedia
The Fair Credit Reporting Act (“FCRA”) is a federal law enacted in 1970 to promote accuracy, fairness, and privacy in the collection and use of consumer credit information. The law regulates how consumer reporting agencies, lenders, employers, and other entities...
by Ethan Atkinson | May 15, 2026 | P-T, PropertyPedia
The TILA-RESPA Integrated Disclosure (“TRID”) rule is a federal mortgage disclosure regulation that combines certain disclosure requirements under the Truth in Lending Act (“TILA”) and the Real Estate Settlement Procedures Act (“RESPA”). Implemented by the Consumer...
