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Ability-to-Repay and Qualified Mortgage Standards (Regulation Z)
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Escrow Requirements under Truth in Lending Act (Regulation Z)
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High-Cost Mortgage and Homeownership Counseling (Regulations Z and X)
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Mortgage Servicing Rules under RESPA and TILA (Regulations Z and X)
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ECOA Valuations for Loans Secured by a First Lien on a Dwelling (Regulation B)
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TILA Appraisals for Higher-Priced Mortgage Loans (Regulation Z)
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Loan Originator Compensation Requirements (Regulation Z)
Also included in the guide are a readiness questionnaire, frequently asked questions, and available compliance tools. The guide is designed to help both bank and non-bank financial institutions of all sizes comply with the new mortgage rules, many of which become effective on January 10, 2014.