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Reg Z Reverse Mortgages

Course Description:
Reg Z Reverse Mortgages defines reverse mortgages and covers suitability for such products, and reviews the current disclosure requirements.

Audience:
Branch staff such as consumer loan officers who discuss reverse mortgages with consumers.

Learning Objectives:
By the of this course, the students will be able to:
  • Describe a reverse mortgage
  • Describe the advantages and disadvantages of a reverse mortgage for some consumers
  • Identify the disclosure requirements for a reverse mortgage including the TALC rate

Course Credits: AIB: 0, ICB: .5 CPB, CLBB, CRCM

Prerequisites: Reg Z Overview

Required Software: None

Optional Software: Adobe Acrobat Reader and RealPlayer

Cost: Members $55   •   NonMembers $75


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PBA Contact: Jackie Catalano • (717) 255-6939 • jCatalano@paBanker.com