Finance > EXAM > NMLS Laws and Regulations Latest Updated 2022 Rated A (All)

NMLS Laws and Regulations Latest Updated 2022 Rated A

Document Content and Description Below

CFPB ✔✔Consumer Financial Protection Bureau What does the CFPB do? ✔✔Regulates RESPA, TILA, ECOA, and HMDA FTC ✔✔Federal Trade Commission What does the FTC do? ✔✔Monitors Red Flag R... ules RESPA ✔✔Real Estate Settlement Procedures Act What does RESPA do? ✔✔•Protects homeowners of Single, 1-4 family dwellings, condos, & homes manufactured on lot. •Educates borrowers costs of loan • Eliminates kickbacks and referral fees (section 8) • Establishes rules for escrow What Regulation is RESPA? ✔✔Reg X (X-ray of my RESPAtory system) Who oversees RESPA? ✔✔(CFPB) Consumer Financial Protection Bureau How long must records be kept under RESPA? ✔✔5 years ( [Show More]

Last updated: 1 year ago

Preview 1 out of 51 pages

Add to cart

Instant download

Reviews( 0 )


Add to cart

Instant download

Can't find what you want? Try our AI powered Search



Document information

Connected school, study & course

About the document

Uploaded On

Sep 16, 2022

Number of pages


Written in



Member since 1 year

124 Documents Sold

Additional information

This document has been written for:


Sep 16, 2022





Document Keyword Tags

Recommended For You

Get more on EXAM »

What is Browsegrades

In Browsegrades, a student can earn by offering help to other student. Students can help other students with materials by upploading their notes and earn money.

We are here to help

We're available through e-mail, Twitter, Facebook, and live chat.
 Questions? Leave a message!

Follow us on

Copyright © Browsegrades · High quality services·