Intro to Mortgage Origination Examinations - June 2022

Regulation Z

Clear & Conspicuous Disclosure

• Prominence • Presentation • Proximity • Placement

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Regulation Z

Prohibited Practices • Misleading use of “fixed” • Misleading comparisons

• Misrepresentations about government • Misleading use of current lender’s name • Misleading claims of debt elimination • Misleading use of “counselor” • Misleading foreign language - triggers

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