Introduction to Mortgage Origination Examinations Training

3/7/2025

Internal Use Only

FCRA – Adverse Action Requires creditor to disclose when it has based its decision on information from a source other than the applicant or its own files. Requires creditor to disclose a credit score used in taking adverse action & related information, including up to four key factors that adversely affected consumer's credit score (up to five factors if the number of inquiries made is a key factor).

103

Internal Use Only

Other Disclosures & Documents Booklets Deed of Trust

Anti-Steering Disclosure

Title

Initial Escrow Disclosure

Escrow Documents

Note

Flood Determination

104

52