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United States Code
U.S.C. Title 15-COMMERCE AND TRADE
CHAPTER 41-CONSUMER CREDIT PROTECTION
SUBCHAPTER I-CONSUMER CREDIT COST DISCLOSURE
Part B-Credit Transactions

15 U.S. Code § 1648

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Reverse mortgages

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15 U.S. Code § 1648. Reverse mortgages

(a) In generalIn addition to the disclosures required under this subchapter, for each reverse mortgage, the creditor shall, not less than 3 days prior to consummation of the transaction, disclose to the consumer in conspicuous type a good faith estimate of the projected total cost of the mortgage to the consumer expressed as a table of annual interest rates. Each annual interest rate shall be based on a projected total future credit extension balance under a projected appreciation rate for the dwelling and a term for the mortgage. The disclosure shall include—

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The United States Code on COSMOS is current through Public Law 118-64 (05/24/2024).

Part B-Credit Transactions

§1631 Disclosure requirements
§1632 Form of disclosure; additional information
§1633 Exemption for State-regulated transactions
§1634 Effect of subsequent occurrence
§1635 Right of rescission as to certain transactions
§1636 Repealed. Pub. L. 96-221, title VI, § 614(e)(1), Mar. 31, 1980, 94 Stat. 180
§1637 Open end consumer credit plans
§1637a Disclosure requirements for open end consumer credit plans secured by consumer’s principal dwelling
§1638 Transactions other than under an open end credit plan
§1638a Reset of hybrid adjustable rate mortgages
§1639 Requirements for certain mortgages
§1639a Duty of servicers of residential mortgages
§1639b Residential mortgage loan origination
§1639c Minimum standards for residential mortgage loans
§1639d Escrow or impound accounts relating to certain consumer credit transactions
§1639e Appraisal independence requirements
§1639f Requirements for prompt crediting of home loan payments
§1639g Requests for payoff amounts of home loan
§1639h Property appraisal requirements
§1640 Civil liability
§1641 Liability of assignees
§1642 Issuance of credit cards
§1643 Liability of holder of credit card
§1644 Fraudulent use of credit cards; penalties
§1645 Business credit cards; limits on liability of employees
§1646 Dissemination of annual percentage rates; implementation, etc.
§1647 Home equity plans
§1648 Reverse mortgages
§1649 Certain limitations on liability
§1650 Preventing unfair and deceptive private educational lending practices and eliminating conflicts of interest
§1651 Procedure for timely settlement of estates of decedent obligors

U.S. Code Popular Name Table

Popular Names

Americans with Disabilities Act 42 U.S.C. § 12101 et seq.

Anti-Kickback Statute 42 U.S.C. § 1320a–7b(b)

Clayton Act 15 U.S.C. § 12 et seq.

Clean Air Act 42 U.S.C. § 7401 et seq.

Commodity Exchange Act 7 U.S.C. § 1

Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA) 42 U.S.C. § 9601 et seq.

Controlled Substances Act 21 U.S.C. § 801 et seq.

Emergency Medical Treatment and Labor Act (EMTALA) 42 U.S.C. § 1395dd

Fair Credit Reporting Act 15 U.S.C. § 1681

False Claims Act 31 U.S.C. § 3729 et seq.

Federal Food, Drug, and Cosmetic Act 21 U.S.C. § 301 et seq.

Federal Insecticide, Fungicide, and Rodenticide Act 7 U.S.C. § 136 et seq.

Federal Trade Commission Act 15 U.S.C. § 41 et seq.

Foreign corrupt Practices Act 15 U.S.C. § 78dd-1 et seq.

Fraud Enforcement and Recovery Act of 2009 (FERA) 18 U.S.C. § 27

Health Information Technology for Economic and Clinical Health Act (HITECH) 42 U.S.C. § 300jj et seq., 42 U.S.C. § 17901 et seq.

Health Insurance Portability and Accountability Act of 1996 (HIPAA) 42 U.S.C. § 201

National Environmental Policy Act (NEPA) 42 U.S.C. § 4321 et seq.

Patient Protection and Affordable Care Act 42 U.S.C. § 18001 et seq.

Physician Payments Sunshine Act 42 U.S.C. § 1320a–7h

Public Health Service Act 42 U.S.C. § 201 et seq.

Resource Conservation and Recovery Act (RCRA) 42 U.S.C. § 6901 et seq.

Robinson–Patman Act 15 U.S.C. § 13

Sarbanes-Oxley Act 15 U.S.C. § 7201 et seq.

Securities Act of 1933 15 U.S.C. § 77a et seq.

Sentencing Reform Act of 1984 18 U.S.C. § 3551 et seq.

Sherman Act 15 U.S.C. § 1 et seq.

Social Security Act 42 U.S.C. § 301 et seq.

Stark Law 42 U.S.C. § 1395nn

Toxic Substances Control Act 15 U.S.C. § 2601 et seq.

Reverse mortgages

15 U.S. Code § 1648. Reverse mortgages

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