The implementing regulations for the MAP rule are known as?

The implementing regulations for the Mortgage Acts and Practices (MAP) rule are known as Regulation N. This regulation specifically addresses the advertising practices of mortgage lenders and brokers to ensure that consumers are not misled by false or misleading representations about mortgage products. Regulation N aims to promote transparency and honesty in the advertising of mortgage services, thereby protecting consumers from deceptive practices.

Regulation Z, on the other hand, refers to the Truth in Lending Act (TILA), which primarily focuses on the disclosure of terms and costs associated with credit products. Regulation C pertains to the Home Mortgage Disclosure Act (HMDA) and requires certain mortgage lenders to report loan data to help assess whether financial institutions are serving the housing needs of their communities. Regulation X relates to the Real Estate Settlement Procedures Act (RESPA) and covers issues related to disclosures surrounding real estate settlement services. Each of these regulations addresses different aspects of real estate and mortgage practices, making Regulation N the correct choice in understanding the MAP rule.