Final answer:
Reverse mortgages are NOT exempt from the TILA laws, while subprime loans, alt-A loans, and conforming loans are all subject to TILA regulations.
Step-by-step explanation:
TILA is the Truth in Lending Act, which provides protections for consumers when they borrow money. The TILA laws apply to most types of loans, including mortgages. However, reverse mortgages are NOT exempt from the TILA laws, meaning they are subject to these regulations.
A reverse mortgage is a type of loan specifically designed for older homeowners, allowing them to convert some of the equity in their home into cash. Since reverse mortgages are considered a form of mortgage, they are covered by TILA.
Subprime loans, alt-A loans, and conforming loans are all subject to the TILA laws and regulations.