Government and Regulatory

RESPA concept for conditioning access to property or another service on paying a particular settlement service provider.

Prohibited thing of value exchanged under an agreement or understanding for referral of covered mortgage settlement-service business.

Person or company performing a mortgage origination, title, closing, insurance, or other service connected with settlement.

Federal mortgage rule requiring a reasonable, good-faith determination that a borrower can repay a covered dwelling-secured loan.

Servicer notice confirming receipt of a mortgage-assistance application and identifying whether the submission is complete or missing required information.

Written notice communicating an unfavorable mortgage credit decision and the principal reasons or right to request them.

Unique identifier assigned to a specific property and FHA-insured mortgage transaction during loan processing.

Federal framework requiring many institutions to report mortgage application, origination, and lending-pattern data.

Federal law governing disclosures, borrower-requested cancellation, and automatic termination of PMI on many conventional mortgages.

Closed-end principal-dwelling mortgage whose APR exceeds the APOR benchmark by a specified margin.

Regulatory calculation used to determine whether specified mortgage charges exceed QM or high-cost loan thresholds.

Regulatory mortgage category with restricted loan features, points-and-fees limits, and defined ability-to-repay protections.

VA document confirming a borrower's home-loan benefit eligibility and available guaranty entitlement information.

Mortgage fitting a Fannie Mae, Freddie Mac, or government-backed secondary-market channel.

Local income benchmark used to set eligibility limits for many affordable mortgage and housing-assistance programs.

Annual loan-size boundary for mortgages eligible for standard Fannie Mae or Freddie Mac acquisition.

Location-specific mortgage limit selected by program, year, property county, and unit count.

Government-sponsored enterprise associated with Desktop Underwriter and a major conventional mortgage channel.

Government-sponsored enterprise associated with Loan Product Advisor and conventional mortgage liquidity.

Congressionally chartered company that supports mortgage-market liquidity without being a federal agency.

RESPA disclosure revealing an ownership or financial relationship behind a settlement-service referral.

Six-item application threshold that starts the lender's Loan Estimate delivery duties under TRID.

Federal rule requiring applicants to receive appraisals and other written valuations for covered first-lien dwelling applications.

Mortgage valuation safeguard prohibiting coercion, material alteration, and conflicts that compromise independent judgment.

Mortgage deadline-counting term with a general definition and a more precise calendar definition for specified federal requirements.

Three-business-day review period between receipt of the Closing Disclosure and mortgage consummation.

Federal agency that administers and enforces consumer-finance rules affecting mortgage disclosures, servicing, and fair lending.

Legal-obligation point that anchors mortgage disclosure timing and certain cancellation rights.

Servicing requirement giving delinquent borrowers timely access to personnel who can explain account status and loss-mitigation steps.

Overlap between mortgage loss-mitigation review and foreclosure activity, subject to federal procedural safeguards for covered loans.

Written servicing notice that directs a delinquent mortgage borrower to available loss-mitigation information and assistance contacts.

Federal law prohibiting specified credit discrimination and governing action-taken notices and mortgage valuation copies.

Federal law prohibiting housing-related discrimination across mortgage advertising, lending, appraisal, and servicing.

Federal law governing access to consumer reports, report accuracy, disputes, and credit-based adverse-action notices.

Federal agency that insures qualifying mortgages made by approved lenders and sets the program rules behind FHA loans.

Federal regulator and conservator overseeing Fannie Mae, Freddie Mac, and the Federal Home Loan Banks.

Regulation X notice sequence used before a servicer charges for force-placed hazard insurance.

HOEPA loan category triggered by specified APR, points-and-fees, or prepayment-penalty tests.

Federal TILA framework adding disclosures, counseling, and loan-term restrictions to high-cost mortgages.

CFPB home-purchase booklet that helps borrowers compare Loan Estimates, closing costs, and settlement choices.

Deadlines for issuing an early Loan Estimate after application and before mortgage consummation.

Federal mortgage rule restricting compensation based on loan terms, dual compensation, and steering incentives.

Borrower request for an independent review after a servicer denies an available trial or permanent loan-modification option.

Individual who takes a residential mortgage application and offers or negotiates loan terms for compensation or gain.

Unique identifier assigned to a mortgage originator or company in the nationwide licensing and registration system.

Separate mortgage disclosure identifying available providers for each required settlement service a borrower may shop for.

Federal rule implementing RESPA requirements for settlement services, escrow accounts, servicing, and loss mitigation.

Federal framework for state licensing, federal registration, and unique identification of residential mortgage loan originators.

Federal protections for eligible servicemembers with pre-service mortgages, including interest-rate and foreclosure safeguards.

Federal agency that administers the VA home-loan guaranty for eligible service members, veterans, and surviving spouses.

Limited right to cancel certain non-purchase credit transactions secured by a consumer's principal dwelling.

Disclosure stating whether and how an eligible consumer may cancel a covered home-secured credit transaction.

Written borrower notice requiring a mortgage servicer to investigate an asserted servicing error and explain the result.

Written mortgage-servicing request that identifies the account and details an asserted error, requested information, or both.

Federal rule implementing TILA requirements for mortgage cost disclosures, advertising, rescission, underwriting, and servicing notices.

Written borrower request requiring a mortgage servicer to search for and provide specified servicing information.

Borrower instruction after receiving a Loan Estimate that permits the lender to continue and charge most application fees.

TRID rule allowing certain grouped third-party and recording charges to rise by no more than 10% in total.

Defined new fact or event that may permit affected Loan Estimate charges to be revised under TRID.

Mortgage terms tied to lending rules, borrower-protection standards, and regulatory definitions that shape loan eligibility.

RESPA is a federal law governing important mortgage settlement practices, disclosures, and certain servicing-related rules.

Corrected Loan Estimate showing updated terms or charges after a permitted revision reason occurs before closing.

Federal consumer-credit law requiring standardized cost disclosures and establishing major mortgage protections.

Refund and corrected disclosure used when actual mortgage charges exceed the applicable Loan Estimate tolerance.

TRID is the integrated mortgage disclosure framework that uses the Loan Estimate and Closing Disclosure for many closed-end mortgages.

Strict TRID fee category whose charges generally cannot exceed the applicable Loan Estimate baseline.