Mortgage Servicing and Loan Modifications: 15 U.S.C. § 1638a. Reset of hybrid adjustable rate mortgages [TILA § 128A]
(a) Hybrid adjustable rate mortgages defined
For purposes of this section, the term “hybrid adjustable rate mortgage” means a consumer credit transaction secured by the consumer’s principal residence with a fixed interest rate for an introductory period that adjusts or resets to a variable interest rate after such period.
(b) Notice of reset and alternatives