Truth in Lending Act (TILA): Federal law requiring transparent disclosure of credit terms and standardized calculation of borrowing costs for consumer loans
Equal Credit Opportunity Act (ECOA): Prohibits discrimination in lending based on race, color, religion, national origin, sex, marital status, age, or receipt of public assistance
Fair Credit Reporting Act (FCRA): Regulates the collection, dissemination, and use of consumer credit information
Dodd-Frank Wall Street Reform: Comprehensive financial reform legislation affecting lending practices, consumer protection, and financial institution regulation
Bank Secrecy Act (BSA): Requires financial institutions to assist government agencies in detecting and preventing money laundering
Uniform Commercial Code (UCC) Article 9: Governs secured transactions and provides rules for creation and enforcement of security interests in personal property
CFPB Regulations: Consumer Financial Protection Bureau rules governing consumer lending practices and consumer protection
Fair Debt Collection Practices Act (FDCPA): Regulates debt collection practices and protects borrowers from abusive collection tactics
State Usury Laws: State-specific regulations limiting maximum interest rates and loan charges that can be assessed
SEC Regulations: Securities and Exchange Commission rules affecting commercial lending, particularly for public companies or securitized loans
Federal Reserve Regulations: Banking regulations affecting lending practices, capital requirements, and credit policies
Anti-Money Laundering Regulations: Requirements for verification of borrower identity and monitoring of suspicious transactions
Bankruptcy Code: Federal laws affecting creditor rights and loan enforcement in bankruptcy scenarios
ESIGN Act: Federal law governing electronic signatures and records in commercial transactions, including loan agreements
LIBOR Transition Requirements: Regulations and guidance regarding transition from LIBOR to alternative reference rates in loan agreements
