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Truth in Lending Act (TILA): Federal law requiring transparent disclosure of credit terms and standardizing how costs associated with borrowing are calculated and disclosed

Real Estate Settlement Procedures Act (RESPA): Federal law governing real estate loan transactions, requiring specific disclosures about real estate settlement services and prohibiting kickbacks

SAFE Act: Federal law establishing minimum standards for state licensing and registration of mortgage loan originators

Equal Credit Opportunity Act (ECOA): Federal law prohibiting discrimination in lending based on race, color, religion, national origin, sex, marital status, age, or public assistance program participation

Fair Credit Reporting Act (FCRA): Federal law regulating the collection, dissemination, and use of consumer credit information

CFPB Regulations: Federal regulatory framework overseeing consumer financial products and services, including loan brokering activities

State Licensing Requirements: State-specific regulations governing the licensing and operation of mortgage brokers within each jurisdiction

State Usury Laws: State-specific limitations on interest rates and loan charges that can be assessed on loans

State Disclosure Requirements: State-specific rules regarding mandatory disclosures in loan transactions and broker agreements

NMLS Requirements: National Mortgage Licensing System standards and requirements for mortgage broker registration and compliance

Independent Contractor Classification: Federal and state laws governing the classification and treatment of independent contractors versus employees

Securities Regulations: SEC and state-specific regulations applicable when dealing with securities-backed loans

Bank Secrecy Act: Federal law requiring financial institutions to assist government agencies in detecting and preventing money laundering

USA PATRIOT Act: Federal law including provisions for preventing, detecting, and prosecuting international money laundering and financing of terrorism