Truth in Lending Act (TILA): Federal law that requires lenders to provide standardized disclosures about credit terms and costs, including Regulation Z implementation requirements
Real Estate Settlement Procedures Act (RESPA): Federal law governing real estate settlement processes, including Regulation X requirements for mortgage servicing and settlement procedures
Fair Credit Reporting Act (FCRA): Federal law regulating the collection, dissemination, and use of consumer credit information
Equal Credit Opportunity Act (ECOA): Federal law prohibiting discrimination in lending based on race, color, religion, national origin, sex, marital status, age, or public assistance status
Fair Housing Act: Federal law prohibiting discrimination in residential real estate transactions
Gramm-Leach-Bliley Act: Federal law requiring financial institutions to explain their information-sharing practices and protect sensitive consumer data
Dodd-Frank Act: Comprehensive federal law reforming financial regulation, including mortgage lending practices and consumer protection measures
CFPB Regulations: Consumer Financial Protection Bureau regulations governing mortgage lending, servicing, and consumer protection
Securities Exchange Act: Federal law governing securities trading and registration, relevant if the mortgage loans will be securitized
USA PATRIOT Act: Federal law requiring customer identification and anti-money laundering procedures in financial transactions
State Mortgage Lending Laws: State-specific regulations governing mortgage lending practices and requirements
State Usury Laws: State-specific limitations on interest rates and loan charges
State Foreclosure Laws: State-specific procedures and requirements for foreclosure processes
State Licensing Requirements: State-specific licensing obligations for mortgage lenders and servicers
State Consumer Protection Laws: State-specific regulations protecting consumers in financial transactions
State Recording Requirements: State-specific rules for recording mortgage documents and assignments
UCC Article 3: Uniform Commercial Code provisions governing negotiable instruments
UCC Article 9: Uniform Commercial Code provisions governing secured transactions
MERS Requirements: Mortgage Electronic Registration Systems requirements for tracking mortgage ownership and servicing rights
FHA Requirements: Federal Housing Administration specific requirements for FHA-insured loans
VA Requirements: Veterans Administration specific requirements for VA-guaranteed loans
GSE Requirements: Fannie Mae and Freddie Mac requirements for conforming loans and secondary market sales
