 TITLE: What Is Regulation Z and How Does It Protect Borrowers? CONTENT: Regulation Z is part of the Truth in Lending Act of 1968 and applies to home mortgages, home equity lines of credit, reverse mortgages, credit cards, installment loans and certain student loans.\nUnder the regulation, lenders are required to provide borrowers with access to interest rates, fees and finance charges in writing. Other aspects of the law include:\n*   Lenders must provide monthly billing statements to borrowers.\n*   Creditors must notify borrowers when there's a change in the interest rate on a variable-rate loan.\n*   Consumers will receive fair and timely responses to billing disputes.\n*   Mortgage lenders are prohibited from using unfair practices that give rise to a conflict of interest between the lender and a mortgage broker. END