til

(redirected from Truth in Lending)
Also found in: Dictionary, Medical, Financial, Acronyms.
See: until
References in periodicals archive ?
The proposed revisions clarify how creditors that place Truth in Lending Act disclosures on the same document with the credit contract may satisfy the requirement for providing the disclosures in a form the consumer may keep before consummation.
The Mavent system reviews the loans for compliance with aspects of the Truth In Lending Act; local, state and federal high cost thresholds, state licensing and consumer credit laws, HMDA and Fannie Mae's points and fees thresholds.
I am the director of the Federal Reserve Board's Division of Consumer and Community Affairs, which carries out the Board's responsibilities for administering a number of the consumer protection laws that make up the Consumer Credit Protection Act, including the Truth in Lending Act.
Under the agreement, Mavent is reviewing loans processed by Ohio Savings for compliance with all local, state and federal high cost laws, portions of the Truth in Lending Act, and Fannie Mae's points and fees threshold test.
ADJUSTMENT OF THE DOLLAR AMOUNT THAT TRIGGERS CERTAIN DISCLOSURE REQUIREMENTS UNDER THE TRUTH IN LENDING ACT
Fannie Mae uses the Mavent Expert System, the company's flagship solution, to review loans for compliance with its policies on the Truth in Lending Act, federal and state high-cost lending laws, and the points and fees test as outlined in the Fannie Mae Selling and Servicing Guide.
Although such a transfer may have some intuitive appeal because of the Board's Truth in Lending responsibilities, there are important reasons why the Board is concerned about this provision.
Through the Mavent Compliance Console (MC2), the front-end interface to the Mavent Expert System, the company's flagship automated compliance solution, Fannie Mae will review loans for compliance with its policies on the Truth in Lending Act, federal and state high-cost lending laws, and the points and fees test as outlined in the Fannie Mae Selling and Servicing Guide.