Federal Requirements for Mortgage Lending
Every mortgage originator, mortgage lender, and mortgage servicer must understand these and other federal requirements.
The following list identifies how the CFPB examines compliance with all of these federal requirements. A description of the act is included in the exam procedure.
Equal Credit Opportunity Act (ECOA) Download PDF
Real Estate Settlement Procedures Act (RESPA) Download PDF
Truth in Lending Act (TILA) Download PDF
TILA-RESPA integrated disclosures (TRID) Link to CFPB Page
Home Mortgage Disclosure Act (HMDA) Download PDF
Fair Debt Collection Practices Act (FDCPA) Download PDF
Homeowners Protection Act (HPA or PMI Cancellation Act) Download PDF
Fair Credit Reporting Act (FCRA) Download PDF
Privacy of Consumer Financial Information - Gramm-Leach-Bliley Act (GLBA) Download PDF
Secure and Fair Enforcement for Mortgage Licensing (SAFE) Act Download PDF
Unfair, Deceptive or Abusive Acts or Practices (UDAAPs) Download PDF
About Dr. Schell:
Dr. Andy Schell, Ph.D., DBA, MSML, MBA, CPA/CFF, CMB
Dr. Schell is CEO, Managing Partner, and Co-Founder of Mortgage Banking Solutions and the Founder of MBS Financial Services ("MBS"), based in Austin, Texas. Dr. Schell is known for his ability to turn "vision into reality" and "chaos into order" as he finds creative solutions to the challenges his clients face addressing Revenue Stability, Technology Enhancement, Financial Management, and Workflow Efficiency.
He has 4 decades of experience as a strategist directing the activity of both small and large groups of employees including mortgage lending activity at Bank of America. His leadership knowledge extends from his hands-on experience and his academic training in his MBA, his master's degree in leadership, and his doctoral work to examine employee dynamics given leader stimulus.
To find out more information on MBS Services, please click HERE
Find more information at
DoctorSchell@MBS-Team.com ; (512) 501-2812;
Doctor Schell the Profit Doctor