Which two titles are used interchangeably to refer to laws related to the cost of financing?

The Truth-In-Lending Act (TILA) and Regulation Z are indeed interchangeable titles that refer to laws related to the cost of financing. TILA was enacted to promote informed use of consumer credit by requiring disclosures about its terms and cost. Regulation Z is the specific regulation that implements TILA and outlines the specifics regarding disclosures lenders must provide to consumers about the terms and costs associated with the borrowing process.

By linking TILA with Regulation Z, it highlights the importance of understanding how regulations are structured and the relationships between laws and the regulations that enforce them in the realm of mortgage and consumer lending. This connection is vital for mortgage loan officers who must ensure compliance and provide accurate information to consumers regarding financing costs.