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Chapter 3 - Additional Government Influence

Horizontales
__ Housing Act - Prohibits discrimination in housing based on sex, race, color, national origin, religion, family status, and disability.
The right of __ is a legal right that allows consumers to cancel certain types of home loans.
The Army Corps of Engineers has prepared __-zone maps for the entire country.
Any type of __ to offer credit is subject to requirements of full disclosure.
A __ must also provide a buyer with a copy of the information booklet, “Your Home Loan Toolkit.”
Prohibits discrimination in extending credit based on race, color, religion, national origin, sex, marital status, age, or dependency upon public assistance.
The loan __ must be provided to the borrower within 3 business days of the loan application.
__ is a government agency whose purpose is to improve affordable homeownership opportunities, especially in the inner-city areas.
Verticales
Enacted in 1977 for the purpose of encouraging financial institutions to meet the financing and credit needs of the members of their local community.
A federal law that was implemented for the purpose of making sure that buyers understood the various settlement costs associated with getting a loan to purchase residential real estate.
Lowers the interest rate in exchange for paying an upfront fee is called Discount __.
The Closing __ is a detailed list of all closing costs that will be incurred by the buyer and the seller.
A /An __ Estimate is a three-page form that the borrower receives after applying for a mortgage.
A Closing Disclosure, is sometimes called a Closing __.
The closing of a __ generally coincides with the closing of the sale of the property.
__ in lending act. The act applies to most types of consumer credit including home mortgages, home equity loans, car loans, and credit card transactions.