Truth in Lending Act (TILA) and Regulation Z: Federal law that requires lenders to provide standardized disclosures about mortgage terms and costs, protecting consumers in credit transactions
Real Estate Settlement Procedures Act (RESPA): Federal law governing real estate settlement processes, requiring disclosure of settlement costs and prohibiting kickbacks in real estate transactions
Home Mortgage Disclosure Act (HMDA): Federal law requiring financial institutions to maintain and annually disclose data about home purchases, improvement loans, and refinancing
Fair Housing Act: Federal law prohibiting discrimination in residential real estate transactions based on race, color, religion, sex, national origin, familial status, or disability
Equal Credit Opportunity Act (ECOA): Federal law ensuring equal access to credit and prohibiting discrimination in credit transactions
Dodd-Frank Wall Street Reform: Comprehensive federal law implementing financial regulatory reform, including mortgage lending practices and consumer protection measures
CFPB Regulations: Regulatory framework established by the Consumer Financial Protection Bureau overseeing consumer financial products and services, including mortgages
Fannie Mae and Freddie Mac Guidelines: Secondary market requirements and standards for mortgage purchases, including loan quality and documentation requirements
FHA Requirements: Federal Housing Administration guidelines for FHA-insured mortgages, including underwriting criteria and property standards
VA Requirements: Department of Veterans Affairs specifications for VA-guaranteed loans, including eligibility criteria and loan terms
State Mortgage Lending Laws: State-specific regulations governing mortgage lending practices, licensing requirements, and consumer protections
State Real Estate Laws: State-level regulations governing real estate transactions, property rights, and transfer of ownership
State Disclosure Requirements: State-mandated disclosures related to property condition, environmental hazards, and transaction terms
UCC Article 3: Uniform Commercial Code provisions governing negotiable instruments, including promissory notes in mortgage transactions
UCC Article 9: Uniform Commercial Code provisions governing secured transactions, including the creation and perfection of security interests in property
Securities Laws: Federal and state regulations governing the securitization of mortgages and their sale as mortgage-backed securities
Anti-Money Laundering Regulations: Federal requirements for preventing, detecting, and reporting potential money laundering activities in real estate transactions
Bank Secrecy Act: Federal law requiring financial institutions to assist government agencies in detecting and preventing money laundering through reporting requirements
