Answer:
It means that if the loan is secured by real property the student loan disclosure requirements do not apply.
First published on BankersOnline.com 3/28/11
Reg Z - Private Education Loans
Answered by:
Question:
Can a bank secure a private education loan with a closed end loan secured by real property or principal dwelling? I have read the reg and I see where is says “loans not covered.” What does “not covered” mean?
print
share