Tags Truth in Lending Act

Tag: Truth in Lending Act

IDS President Curt Doman Foresees APR Calculation Challenges in Regulation Z Updates

SALT LAKE CITY, Utah -- Curt Doman, president of International Document Services, Inc. (IDS), a mortgage document preparation vendor, warns interim change to Regulation Z, also known as the Truth in Lending Act (R-1366), could make it more difficult for lenders to accurately calculate an APR for closed end real property transactions.

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