Texas Mortgage Examination Content Outline
For Mortgage Brokers and Loan Officers
Effective March 21, 2008
75 scored questions, 7 pretest questions
I. Federal Law and Regulation (50% of exam - 37-38
questions)
A. Equal Credit Opportunity Act
Sec. 202.2 Definitions
Sec. 202.5 Rules concerning taking of applications
Sec. 202.5a Rules on providing appraisal reports
Sec. 202.6 Rules concerning evaluation of applications
Sec. 202.7 Rules concerning extensions of credit
Sec. 202.9 Notifications
Sec. 202.10 Furnishing of credit information
Sec. 202.11 Relation to state law
Sec. 202.12 Record retention
Sec. 202.13 Information for monitoring purposes
Sec. 202.14 Enforcement, penalties and liabilities
B. RESPA (Title 24 - Housing and Urban Development, Part
3500, Real Estate Settlement Procedures Act)
Sec. 3500.2 Definitions
Sec. 3500.5 Coverage of RESPA
Sec. 3500.6 Special information booklet at time of loan
application
Sec. 3500.7 Good faith estimate
Sec. 3500.8 Use of HUD-1 or HUD-1A settlement
statements
Sec. 3500.9 Reproduction of settlement statements
Sec. 3500.11 Mailing
Sec. 3500.12 No fee
Sec. 3500.14 Prohibition against kickbacks and unearned
fees
Sec. 3500.15 Controlled business arrangements
Other RESPA
C. Truth In Lending (Regulation Z)
1. Subpart A - General
Sec. 226.1 Authority, purpose, coverage, organization,
enforcement and liability
Sec. 226.2 Definitions and rules of construction
Sec. 226.4 Finance charge
2. Subpart B - Open-End Credit
Sec. 226.5 General disclosure requirements
Sec. 226.5b Requirements for home equity plans
Sec. 226.6 Initial disclosure statement
Sec. 226.14 Determination of annual perce