Which of the following is NOT one of the primary items disclosed under TILA?

Study for the West Virginia Brokers Test. Prepare with comprehensive quizzes and insightful explanations for each question. Ace your exam and step forward in your real estate career!

The Truth in Lending Act (TILA) requires lenders to provide borrowers with clear and comprehensive information regarding the terms and costs of loans. This transparency helps consumers make informed decisions. The primary items that TILA mandates lenders to disclose include the amount financed, the finance charge, and the total paid in principal and interest. These elements contribute to understanding the overall cost of the loan and the borrower's financial obligations.

The loan originator's name, while important information, is not a primary disclosure required under TILA. It does not directly relate to the terms of the loan or its cost. Therefore, it stands apart from the key financial components that the act aims to clarify for consumers. Understanding this distinction is essential for recognizing TILA's focus on consumer protection and financial transparency in lending practices.

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