LATEST STORIES
Free Passes to World’s First CE Theme Park
OnlineEd® and WorldParksStudio4® LLC have signed letters of intent to create an amusement park where real estate and mortgage licensees can fulfill their continuing education requirements on 18 different rides. OnlineEd® CEO Debra Ferrier says this park concept will...
Mortgage Life Insurance
In real estate finance, mortgage life insurance is a form of term life insurance written in an...
Mortgage Insurance
In real estate finance, mortgage insurance is coverage designed to protect a mortgage lender...
Fair Credit Reporting Act (FCRA)
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...
TILA-RESPA Integrated Disclosures (TRID)
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...
Equal Credit Opportunity Act (ECOA)
The Equal Credit Opportunity Act (“ECOA”) is a federal civil rights law enacted in 1974 that prohibits discrimination in any aspect of a credit transaction. Implemented through Regulation B, ECOA applies to creditors involved in consumer and commercial lending,...
Non-Qualified Mortgage (Non-QM)
A “Non-Qualified Mortgage” (“Non-QM”) is a mortgage loan that does not meet the specific underwriting or product standards established for Qualified Mortgages (“QM”) under federal law and Regulation Z. Non-QM loans are not necessarily unsafe or predatory; rather, they...
Qualified Mortgage (QM)
A “Qualified Mortgage” (“QM”) is a category of mortgage loan defined under federal law and Regulation Z that is intended to ensure borrowers receive loans they have a reasonable ability to repay. Established under the Dodd-Frank Wall Street Reform and Consumer...
Mortgage Disclosure Improvement Act (MDIA)
The Mortgage Disclosure Improvement Act (“MDIA”) is a federal law enacted in 2008 as an amendment to the Truth in Lending Act (“TILA”) to strengthen consumer protections and improve the timing and accuracy of mortgage disclosures. MDIA was designed to ensure that...
HOEPA
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...
CHARM Booklet
The Consumer Handbook on Adjustable-Rate Mortgages (“CHARM Booklet”) is a consumer disclosure document developed by federal regulatory agencies to help borrowers understand adjustable-rate mortgage (“ARM”) loans and the risks associated with them. Mortgage lenders are...
SAFE Act
The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (“SAFE Act”) is a federal law enacted to establish minimum licensing and registration standards for Mortgage Loan Originators (“MLOs”) throughout the United States. The law was designed to enhance...
Regulation Z
Regulation Z is the federal regulation that implements the Truth in Lending Act (“TILA”) and establishes detailed rules governing consumer credit disclosures and lending practices. Issued and enforced primarily by the Consumer Financial Protection Bureau (“CFPB”),...
HUD
HOUSING & URBAN DEVELOPMENT
HUD
(Department of Housing and Urban Development)
Stay Up to Date with the Latest Stories, News & Updates from OnlineEd
Why Use OnlineEd?
Thousands of real estate professionals turn to us for their continuing education.
Follow Us
Keep updated on Real Estate related matters on our social media platforms: