Please join us on YouTube for the latest video content from MCUL & Affiliates. However, if you still wish to access our library of archived content, you may do so by closing this message.
Credit unions who grant closed end mortgage loans will need to update their Truth in Lending disclosure to include a tabular summary of the interest rate and a break out of the payment. Jody Dabrowski, MCUL & Affiliates Compliance Helpline Consultant explains the changes to the regulation and gives examples of the new requirement.
Uploaded on Dec 17, 2010
|Tags: Jody Dabrowski, Reg Z, Truth In Lending|