{"product_id":"regulation-z-truth-in-lending-tila","title":"Regulation Z: Truth in Lending - TILA","description":"\u003cdiv class=\"ebsi-team-licence-note\"\u003e\u003cp\u003e\u003cstrong\u003eBuying for a team?\u003c\/strong\u003e\u003cbr\u003eChoose 5 or 10 licences to purchase access for multiple learners at a reduced per-person rate. After purchase, eBSI will contact you to confirm the learner details and arrange course access for each participant.\u003c\/p\u003e\u003c\/div\u003e\n\u003c!-- ebsi-sales-wrapper --\u003e\u003cdiv class=\"ebsi-sales-wrapper\"\u003e\n\u003cp\u003e\u003cstrong\u003eDevelop practical knowledge and confidence in Regulation Z: Truth in Lending - TILA.\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThis course will introduce the learner to Regulation Z, which implements the Truth in Lending Act (TILA). The learner will be provided with a detailed overview of the ways in which TILA affects credit extensions and requires disclosures to be sent to consumers. After completing this program, the learner will understand:\u003c\/p\u003e\n\u003ch3\u003eWhy this course matters\u003c\/h3\u003e\n\u003cp\u003eThis course turns the subject into practical, structured learning you can apply in real business and workplace situations. It is designed to help you move beyond definitions and understand how the ideas, tools and decisions covered in the course fit together.\u003c\/p\u003e\n\u003ch3\u003eWhat you will gain\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003eBuild a practical understanding of the key concepts covered in Regulation Z: Truth in Lending - TILA.\u003c\/li\u003e\n\u003cli\u003eRecognise where the topic applies in real workplace or business situations.\u003c\/li\u003e\n\u003cli\u003eApply the methods and good-practice approaches covered in the course with greater confidence.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003eWho is this course for?\u003c\/h3\u003e\n\u003cp\u003eThis course is suitable for professionals, managers, business owners and learners who want practical knowledge they can apply in real workplace situations.\u003c\/p\u003e\n\u003ch3\u003eCourse at a glance\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eStudy time:\u003c\/strong\u003e approximately 3 hours.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eFormat:\u003c\/strong\u003e self-paced online learning.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eProfessional development:\u003c\/strong\u003e CPD course.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cp data-mce-fragment=\"1\"\u003e\u003cspan style=\"text-decoration: underline;\"\u003e\u003cstrong data-mce-fragment=\"1\"\u003eCourse Outline:\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp data-mce-fragment=\"1\"\u003e\u003cstrong data-mce-fragment=\"1\"\u003eRegulation Z: Truth in Lending (TILA)\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp data-mce-fragment=\"1\"\u003eSeat Time: 3hrs \u003c\/p\u003e\n\u003cp data-mce-fragment=\"1\"\u003eThis course will introduce the learner to Regulation Z, which implements the Truth in Lending Act (TILA). The learner will be provided with a detailed overview of the ways in which TILA affects credit extensions and requires disclosures to be sent to consumers. After completing this program, the learner will understand:\u003c\/p\u003e\n\u003cul data-mce-fragment=\"1\"\u003e\n\u003cli data-mce-fragment=\"1\"\u003eDistinction between open-end and closed-end credit requirements.\u003c\/li\u003e\n\u003cli data-mce-fragment=\"1\"\u003eDefinition of \"home equity plans.\"\u003c\/li\u003e\n\u003cli data-mce-fragment=\"1\"\u003eRelation of Credit CARD Act and Higher Education Opportunity Act to truth in lending.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cu\u003e\u003cstrong\u003eCourse Topics:\u003c\/strong\u003e\u003c\/u\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT1. Truth in Lending Act:\u003c\/strong\u003e This topic will introduce the learner to Regulation Z, which implements the Truth in Lending Act (TILA), and will discuss the four key protections that currently exist for higher-priced mortgage loans secured by a consumerÆs principal dwelling.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT2. Coverages and Exemptions: \u003c\/strong\u003eThis topic will discuss the requirements that must be met for extensions of credit to be considered, and will provide information on exemptions, mixed-purpose credit, factors to consider, and more.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT3. Finance Charges: \u003c\/strong\u003eThis topic will define finance charges and will provide examples, as well as include information on exclusions, such as application fees charged to applicants, charges for actual unanticipated late payments, or charges imposed by a financial institution.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT4. TILA Disclosures:\u003c\/strong\u003e This topic will familiarize the learner with the information that must be included in disclosures, in addition to an explanation of the Mortgage Disclosure Improvement Act and the ways in which it attempts to improve the effectiveness of disclosures.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT5. Open-End Credit Requirements:\u003c\/strong\u003e This topic will discuss specific requirements for open-end credit programs by defining open-end credit as an agreement, describing initial disclosures, and providing information on other types of disclosures.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT6. Closed-End Credit Requirements:\u003c\/strong\u003e This topic will discuss specific requirements for closed-end credit programs by defining closed-end credit as an agreement, describing content of disclosures, and providing information on other types of disclosures, including subsequent and oral.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT7. Home Equity Plans:\u003c\/strong\u003e This topic will clarify what a home equity plan is and will discuss the specific requirements set by the Truth in Lending Act for disclosing information about home equity plans.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT8. Higher-Priced Loans:\u003c\/strong\u003e This topic will discuss consumer protection, define higher-priced mortgages, and describe the four key protections for higher-priced mortgages secured by a consumerÆs principal dwelling.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT9. Credit CARD Act: \u003c\/strong\u003eThis topic will acquaint the learner with the Credit CARD Act, which looks to put limits on what the credit card companies can do in regard to charging fees and raising interest rates.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT10. Higher Education Opportunity Act:\u003c\/strong\u003e This topic will discuss the Higher Education Opportunity Act, which establishes rules regarding relationships between higher education institutions and lenders, including conflicts of interest, preferred lender lists, and disclosure of loan terms and conditions.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT11. Ability to Repay Qualified Mortgage:\u003c\/strong\u003e This topic will discuss the final rule amending Regulation Z, including good faith determinations, covered transactions, exemptions, qualifications for higher-priced mortgages, and the points-and-fees cap.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT12. TILA Servicing Requirements:\u003c\/strong\u003e This topic will explore the servicing requirements set forth by the Consumer Financial Protection Bureau (CFPB) concerning initial rate adjustment notices for adjustable-rate mortgages, periodic statements, prompt crediting of mortgage payments, ARM disclosures, and responses to consumer requests.\u003c\/p\u003e\n\u003c!-- ebsi-cross-sell --\u003e\u003cdiv class=\"ebsi-cross-sell\"\u003e\n\u003ch3\u003eContinue your learning\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003ePart of this learning pathway:\u003c\/strong\u003e \u003ca href=\"\/collections\/bankers-academy-compliance-regulatory\"\u003eCompliance \u0026amp; Regulatory\u003c\/a\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eLearners also take:\u003c\/strong\u003e \u003ca href=\"\/products\/regulation-dd-truth-in-savings-act\"\u003eRegulation DD: Truth in Savings Act\u003c\/a\u003e  |  \u003ca href=\"\/products\/regulation-9\"\u003eRegulation 9\u003c\/a\u003e  |  \u003ca href=\"\/products\/regulation-b\"\u003eRegulation B\u003c\/a\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c!-- ebsi-academy-breadcrumb --\u003e\n\u003chr\u003e\u003cdiv class=\"ebsi-course-pathway\"\u003e\n\u003cp\u003e\u003cstrong\u003eCourse pathway:\u003c\/strong\u003e \u003ca href=\"\/pages\/welcome-to-ebsi-banking-academy\"\u003eeBSI Banking Academy\u003c\/a\u003e \u0026gt; \u003ca href=\"\/collections\/bankers-academy-compliance-regulatory\"\u003eCompliance \u0026amp; Regulatory\u003c\/a\u003e \u0026gt; Regulation Z: Truth in Lending - TILA\u003c\/p\u003e\n\u003cp\u003eExplore more \u003ca href=\"\/collections\/bankers-academy-compliance-regulatory\"\u003eCompliance \u0026amp; Regulatory\u003c\/a\u003e training or return to the \u003ca href=\"\/pages\/welcome-to-ebsi-banking-academy\"\u003eeBSI Banking Academy\u003c\/a\u003e.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Bankers Academy","offers":[{"title":"Individual Licence (EUR 60)","offer_id":40270921433266,"sku":"BA-154","price":66.0,"currency_code":"USD","in_stock":true},{"title":"5 Licences (EUR 50 each)","offer_id":59260491628892,"sku":null,"price":275.0,"currency_code":"USD","in_stock":true},{"title":"10 Licences (EUR 40 each)","offer_id":59260491661660,"sku":null,"price":440.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0077\/7604\/3071\/products\/BA-154RegulationZCOVER.png?v=1623372514","url":"https:\/\/www.ebsiamericas.com\/products\/regulation-z-truth-in-lending-tila","provider":"eBSI Export Academy","version":"1.0","type":"link"}