Truth in Lending: 5.13.1.4 Required Disclosures
The ARM-related disclosures given to the consumer at closing consist of two items: a statement that an adjustable-rate feature exists and a statement that the variable rate disclosures have been provided to the consumer.1259 Consumers must also be told what rate reset notices will be provided.1260 Of course, consumers must also receive all of the “regular” TILA disclosures discussed elsewhere in this chapter, as applicable.