by Ethan Atkinson | May 17, 2026 | F-J, PropertyPedia
The Fair Housing Amendments Act of 1988 (FHAA) is a federal law that expanded and strengthened the protections established under the Fair Housing Act of 1968. Enacted as Title VIII amendments to the Civil Rights Act, the FHAA prohibits discrimination in the sale,...
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 | F-J, PropertyPedia
The Home Ownership and Equity Protection Act (“HOEPA”) is a federal consumer protection law enacted in 1994 as an amendment to the Truth in Lending Act (“TILA”) to address abusive lending practices associated with certain high-cost mortgage loans. HOEPA establishes...
by Ethan Atkinson | May 15, 2026 | F-J, PropertyPedia
The Gramm-Leach-Bliley Act (“GLBA”), enacted in 1999, is a federal law that governs how financial institutions collect, protect, and share consumers’ nonpublic personal information. The law applies to a broad range of financial institutions, including banks, mortgage...
