What's the difference between Truth In Lending/RESPA/Reg-Z?
Hey Folks,
I'm taking my national and state salesperson exam early tomorrow morning. One thing I can't seem to remember and consistently get wrong on practice tests is the difference between Truth In Lending, RESPA, and Regulation-Z and what they each require. The only reason I remember the Equal Credit Opportunity Act is because it stands alone as credit. I was wondering what the key differences are between the main three mentioned, as far as what will be required of me as an agent and on the test. Thanks in advance!
-Best
Jason E.