Government and Regulatory

Ability to Repay is the mortgage rule concept requiring a reasonable, good-faith determination that the borrower can repay the loan.

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

Qualified mortgage is a regulatory mortgage category tied to consumer-protection standards and ability-to-repay rules.

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

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

The Truth in Lending Act is a federal disclosure law designed to make credit terms clearer and easier for consumers to compare.