Description
Flowcharts provide an easy method to determine whether particular regulatory requirements apply to a specific transaction. The Regulation Z Negative Amortization Counseling Coverage Flowchart is an efficient and effective way of determining if homeownership counseling is required before a transaction can be completed. The flowchart provides an easy-to-follow, step-by-step process considering each trigger to determine if a specific transaction is covered by the Regulation Negative Amortization Counseling rules.
