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The two most recent posts in NAFCU's Compliance Blog tackle requirements related to home equity lines of credit (HELOCs), including disclosures and advertising. In addition, HELOC will be covered during a new advertising workshop at NAFCU's Regulatory Compliance Seminar happening Oct. 1-4 in Savannah, Ga.

On HELOC disclosures, NAFCU Regulatory Compliance Counsel Loran Jackson notes that they are governed under two parts of Regulation Z. She explains when HELOC disclosures are required to be delivered, the requirements for electronic applications and if disclosures need to be provided electronically.

In addition, Jackson outlines requirements related to change-in-terms notices under Regulation Z and loan originator identification under the SAFE Act. Read the full blog here.

NAFCU Regulatory Compliance Counsel David Park, in another blog post, reviews HELOC advertising requirements. He provides a list of trigger terms that could require additional HELOC disclosures.

Park also encourages those attending NAFCU's Regulatory Compliance Seminar and who are interested in participating in the advertising workshop for real estate lending to email NAFCU or call 800-344-5580 to add the workshop to their registration. Read Park's full blog here.

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