When it comes to the lifecycle of a mortgage loan, it all begins with an application. And, in many cases that means when you have a Regulation B application which is …an oral or written request for an extension of credit that is made in accordance with procedures used by a creditor for the type of credit requested. You might have an application for HMDA or TRID at the same time as the Regulation B application or later on down the road. It’s vitally important to know “when” you have an application for each of the applicable regulations because a lot of the regulatory compliance requirements for mortgage loans are triggered by receipt of an application. This includes things like joint intent, the appraisal disclosure, collecting demographic information and more.
Jerod explains more in the video.
Published 2026/01/26
