In this course you will find four hours of elective continuing education content that is intended for real estate professionals in North Carolina. The content focuses on federal lending laws and related provisions.
The course begins with a discussion of the Truth in Lending Act (TILA), and the associated piece of federal law Regulation Z. Then, the course will examine the Real Estate Settlement Procedures Act (RESPA). From there, the course will address the TILA-RESPA Integrated Disclosure Rule (TILA-RESPA Rule) and the two disclosure forms that it established. Last, the course will look at the Equal Credit Opportunity Act (ECOA) and the Home Ownership and Equity Protection Act (HOEPA).
To assist with comprehension and retention, the course is broken up by a series of short incremental quizzes.
Course Format: Text
Credit Type: Elective
Course ID(s): 3608
Approved By: Real Estate Commission
- 4 Hour Federal Lending Laws
- Part 1: The Truth in Lending Act [3 Activities]
- 01. Introduction to the North Carolina 4 Hour Lending Laws Elective Course
- 02. Truth in Lending Act
- 03. Truth in Lending Act: Part B - Credit Transactions
- Incremental Quiz 1 (2 questions)
- Part 2: Truth in Lending - Regulation Z [2 Activities]
- 01. Regulation Z: Closed End Credit - General Disclosure Requirements
- 02. Regulation Z: Closed End Credit - Content of the Disclosure and Variable-Rate Transactions
- Incremental Quiz 2 (2 questions)
- Part 3: The Real Estate Settlement Procedures Act [6 Activities]
- 01. The Real Estate Settlement Procedures Act
- 02. The Real Estate Settlement Procedures Act: Other Provisions
- 03. RESPA: 2602 - 2604
- 04. RESPA: 2605
- 05. RESPA: 2606 - 2609
- 06. RESPA: 2610 - 2617
- Incremental Quiz 3 (2 questions)
- Part 4: The TILA-RESPA Rule [6 Activities]
- 01. The TILA-RESPA Rule
- 01. The TILA-RESPA Rule
- 02. The TILA-RESPA Rule: Integrated Disclosures and the TRID Forms
- 03. The TILA-RESPA Rule: Rules of Integrated Mortgage Disclosures
- 04. The TILA-RESPA Rule: Revisions, Corrections, and Other Rules
- 05. The TILA-RESPA Rule:Escrow Closing Notice
- Incremental Quiz 4 (2 questions)
- Part 5: Other Lending Laws [2 Activities]
- 01. Additional Lending and Credit Laws
- 02. Conclusion of the North Carolina 4 Hour Lending Laws Elective Course
- Incremental Quiz 5 (2 questions)
- Part 1: The Truth in Lending Act [3 Activities]
- Course Completion
- Mandatory Questionnaire
- Certificate of Completion
- Guaranteed Next Business Day Reporting
