Last reviewed 10-31-2026Short-Sale.com Editorialglossary

TILA

Fannie Mae

Updated 10-31-2026

TILA

Truth in Lending Act

Fannie Mae Glossary of Terms

Fannie Mae · p. 49

HUD Housing Counselors Glossary

Updated 10-31-2026

TILA

The Truth in Lending Act (TILA) was enacted to ensure that credit terms are disclosed in a meaningful way so consumers can compare credit terms more readily and knowledgeably. TILA requires all creditors to use the same credit terminology and expressions of rates.

HUD Housing Counselors Glossary

p. 23

HUD 4000.1 Glossary

Updated 10-31-2026

TILA

Truth in Lending Act

HUD 4000.1 Glossary

p. 67

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