Government and Regulatory

Mortgage eligible for or connected to agency or GSE execution, often contrasted with non-agency loans.

Local income benchmark often used in affordable mortgage and housing-assistance program eligibility.

Maximum loan size for standard conforming mortgage treatment in a given year and area.

Local mortgage loan-size limit used to determine whether a loan fits standard, high-balance, or other treatment.

Government-sponsored enterprise whose conventional mortgage standards influence many U.S. home loans.

Government-sponsored enterprise whose conventional mortgage standards influence lender underwriting and pricing.

Mortgage-market entity such as Fannie Mae or Freddie Mac that shapes conventional loan standards.

Conventional mortgage pricing adjustment tied to loan, borrower, and property risk characteristics.

Disclosure used when a mortgage or real-estate referral involves an ownership or financial relationship.

Point when enough application information has been received to start certain mortgage disclosure duties.

Borrower-protection rule requiring copies of appraisals and certain valuations for covered mortgage applications.

Appraisal independence means valuation work should be protected from improper pressure in mortgage lending.

Mortgage disclosure timing term that can use different day-counting rules depending on the requirement.

Review window between delivery of the Closing Disclosure and mortgage consummation.

Federal consumer-protection agency connected to mortgage disclosures, servicing rules, and borrower complaints.

Point when a borrower becomes legally obligated on the mortgage credit transaction.

Servicing standard focused on giving a delinquent mortgage borrower access to personnel who can help with available options.

Mortgage servicing concern where foreclosure activity and loss-mitigation review move forward at the same time.

Servicing notice that alerts a delinquent mortgage borrower to available help and contact options.

ECOA is the federal fair-lending law that prohibits unlawful credit discrimination and requires certain notice standards in mortgage lending.

Federal fair-housing law that can matter when mortgage access, housing access, and discrimination concerns overlap.

Federal credit-reporting law that matters when mortgage lenders obtain and use borrower credit information.

Federal mortgage-insurance program administrator behind FHA-insured home loans.

Federal agency overseeing Fannie Mae, Freddie Mac, and parts of the conventional mortgage finance system.

Servicer notice warning that lender-placed insurance may be obtained because required property coverage appears missing.

A high-cost mortgage is a loan category triggered by specific pricing, fee, or penalty thresholds.

HOEPA is a federal mortgage law framework focused on high-cost mortgage protections.

Borrower education booklet used in the mortgage shopping and settlement process.

Disclosure timing concept that controls when the early Loan Estimate must be delivered after application.

Mortgage rule framework limiting how loan-originator pay can be tied to transaction terms.

Borrower request for another review after a servicer denies or rejects certain mortgage loss-mitigation options.

Individual or role that takes or helps arrange a residential mortgage loan application.

Identifier used for mortgage loan originators or companies in the mortgage licensing and registration system.

Mortgage disclosure listing settlement service providers the borrower may use for shopable services.

Regulation X is the RESPA rule set behind many mortgage settlement, escrow, and servicing protections.

Mortgage-originator licensing and registration framework that supports identification of residential mortgage loan originators.

SCRA is a federal protection framework that can affect mortgage interest and foreclosure issues for eligible servicemembers.

Federal agency behind the VA home loan guarantee framework for eligible borrowers.

The right of rescission is the borrower's limited right to cancel certain home-secured refinance or home-equity transactions after signing.

A notice of right to cancel explains the rescission window for certain home-secured refinance or home-equity transactions.

Borrower notice telling the mortgage servicer that the account has an error that needs correction or investigation.

A qualified written request is the older RESPA servicing-request term borrowers may still see in mortgage disputes or servicing references.

Regulation Z is the consumer-credit rule set that implements TILA mortgage disclosure requirements and rescission rights.

Borrower request asking the mortgage servicer to provide account-related information or documents.

Borrower indication after receiving a Loan Estimate that they want the lender to continue processing the mortgage application.

Disclosure rule for certain grouped third-party closing charges that can increase only within a limited combined range unless a valid revision is allowed.

A changed circumstance is a valid new development that can allow certain Loan Estimate terms or 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.

An updated Loan Estimate issued when mortgage terms or charges change for a valid reason before closing.

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

A tolerance cure is the lender credit or other correction used when closing charges exceed what mortgage disclosure rules allow.

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

Zero-tolerance charges are closing fees that generally cannot increase from the Loan Estimate unless a valid changed circumstance supports a revision.

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

An adverse action notice is the notice a lender gives when it denies, revokes, or materially changes requested credit under fair-lending and notice rules.

A higher-priced mortgage loan is a closed-end mortgage that crosses regulatory APR benchmarks and can trigger additional mortgage rules.

HMDA is the federal mortgage-data reporting framework that requires many lenders to collect and report application and origination data.

The Homeowners Protection Act is the federal law that sets key disclosure and cancellation rules for PMI on many conventional mortgages.

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