CARES Act: Federal law providing COVID-19 relief measures including mortgage forbearance provisions for federally backed mortgages
Truth in Lending Act (TILA): Federal law requiring clear disclosure of lending terms and costs to protect consumers in credit transactions, including mortgage modifications
Real Estate Settlement Procedures Act (RESPA): Federal law requiring lenders to provide disclosures about real estate settlement costs and prohibiting kickbacks in real estate transactions
Fair Housing Act: Federal law prohibiting discrimination in housing-related transactions, including mortgage modifications, based on protected characteristics
Equal Credit Opportunity Act: Federal law ensuring equal access to credit and prohibiting discrimination in credit transactions based on protected characteristics
Dodd-Frank Act: Comprehensive financial reform law establishing enhanced consumer protections and financial industry regulations
State Foreclosure Laws: State-specific regulations governing the foreclosure process and homeowner protections during mortgage default
State Consumer Protection Laws: State-specific laws protecting consumers from unfair or deceptive practices in financial transactions
State Mortgage Regulations: State-specific rules governing mortgage lending, servicing, and modification practices
CFPB Guidelines: Regulatory guidance from the Consumer Financial Protection Bureau on mortgage servicing and loss mitigation procedures
FHA Requirements: Federal Housing Administration guidelines for modifying FHA-insured mortgages
GSE Guidelines: Fannie Mae and Freddie Mac requirements for handling mortgage modifications on federally backed loans
VA Loan Requirements: Department of Veterans Affairs specifications for modifying VA-guaranteed home loans
Bankruptcy Laws: Federal and state laws affecting mortgage obligations when borrower is in bankruptcy proceedings
State Recording Requirements: State-specific rules for recording mortgage modification documents in public records
Fair Debt Collection Practices Act: Federal law regulating the conduct of debt collectors in mortgage servicing activities
