This HOEPA fees & points worksheet calculates whether a closed-end mortgage loan originated after January 10, 2014, must comply with HOEPA because of the size of its points and fees. It calculates trigger fees, the “total loan amount,” and the trigger fees as a percentage of the “total loan amount.” Other NCLC practice tools provide worksheets for open-end mortgage loans originated on or after January 10, 2014 and for closed-end mortgage loans originated prior to January 10, 2014.
This HOEPA fees & points worksheet calculates whether a closed-end mortgage loan originated after January 10, 2014, must comply with HOEPA because of the size of its points and fees. It calculates trigger fees, the “total loan amount,” and the trigger fees as a percentage of the “total loan amount.” Other NCLC practice tools provide worksheets for open-end mortgage loans originated on or after January 10, 2014, and for closed-end mortgage loans originated prior to January 10, 2014.
The Fair Credit Billing Act provides credit card holders with certain rights to dispute a credit card charge. Other Truth in Lending provisions may provide additional rights. This is a sample letter to a card issuer disputing credit card charges.
This is a sample TILA rescission notice in a foreclosure rescue scam case. TILA requires only a bare bones letter, which does not need to have as much explanation as this letter. The Rescission Model Forms in TILA Regulation Z are very short, merely stating "I wish to cancel," and signed and dated by the consumer. In the case of a foreclosure rescue scam, however, it is probably best to give the scammer some explanation as to why the sale is in fact a loan covered by TILA.
This rescission letter is quite detailed. Truth in Lending does not require this type of completeness-- the Rescission Model Forms in TILA Regulation Z are very short, merely stating "I wish to cancel," and signed and dated by the consumer. But such a letter may be used if it is believed it will lead to a quicker and more beneficial settlement of the case—that it is best to present to the creditor the consumer's case in as much detail and as persuasively as possible as early as possible. This letter was drafted in 1993 and may rely upon outdated caselaw.
TILA requires only a bare bones letter, which does not need to have as much explanation as this sample rescission letter. The Rescission Model Forms in TILA Regulation Z are very short, merely stating "I wish to cancel," and signed and dated by the consumer. However, the practitioner may include the specific violations for strategic reasons.
This is a sample short TILA rescission notice that lists specific violations. TILA requires only a bare bones letter, which does not need to have as much explanation as this letter. The Rescission Model Forms in TILA Regulation Z are shorter still, merely stating "I wish to cancel," and signed and dated by the consumer. However, the practitioner may include the specific violations for strategic reasons. This version does so and includes additional text that is recommended when specific violations are alleged.
While computer programs are now the most common way to compute an annual percentage rate (APR), an early alternative way sanctioned by the FRB was use of the FRB Annual Percentage Rate tables. This volume I can be used to compute APRs for “regular” transactions and for transactions with irregular first payments, irregular first periods, and irregular final payments.
This intake checklist for a student loan case lists categories of identifying information about the client, basic information about the student loan, a cancellation/bankruptcy evaluation for both federal and private student loans, specific issues regarding federal student loans, and specific issues regarding private student loans.
This is a Department of Education brochure discussing what a Department of Education PIN is and its uses.
Your U.S. Department of Education PIN is the personal identifi cation number you use when you visit certain Department Web sites. When you type in your PIN at these sites, you are saying either “Yes, it’s really me—please show me the personal information about me on this site” or “Please accept my PIN as my electronic signature on this online form.