C.A.R. provides REALTORS® with many legal articles covering a wide range of topics of interest. Three of our new or newly revised legal articles available at http://qa.car.org/ are as follows:
- Regulation Z – Ability to Repay Standard for Loans: Provides upcoming rules for residential lenders to determine a prospective borrower’s ability to repay.
- Regulation Z – Loan Originator Compensation Requirements: Sets forth new loan originator requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act.
- Predatory Lending: The High Cost Mortgage Disclosure: Revised to incorporate upcoming changes under Dodd-Frank.