2025 Housing Market Forecast: The Path to Home Sales Recovery

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Inventory
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Single family homes on the market. Updated weekly.Powered by Altos Research
722,032+456
30-yr Fixed Rate30-yr Fixed
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30-Yr. Fixed Conforming. Updated hourly during market hours.
6.97%0.00

Truth in Lending Act

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Fed Proposes Fee Restrictions for Brokers 

Jul 23, 2009By

The Federal Reserve Board, in response to consumer testing results, proposed significant changes to Regulation Z — Truth in Lending Act (TILA) — in an effort to improve disclosures and prevent “unfair practices” in mortgage broker compensation. The Fed’s proposal would prohibit payments to a mortgage broker or loan officer that are based on the interest rate or other terms, and would prohibit a mortgage broker or loan officer from “steering” consumers into transactions that are “not in their interest” in order to increase the compensation paid to brokers and officers.

3d rendering of a row of luxury townhouses along a street

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