What regulation governs the advertising of real estate loans?

The regulation that governs the advertising of real estate loans is Regulation Z. This regulation is a part of the Truth in Lending Act (TILA) and is designed to promote informed use of consumer credit. It ensures that lenders provide consumers with clear and accurate information about the terms and costs associated with borrowing.

Regulation Z requires lenders to disclose important loan information, such as the annual percentage rate (APR), terms of the loan, and any potential fees or additional charges. By regulating advertising and requiring this transparency, Regulation Z aims to protect consumers from misleading loan practices and to promote fair lending.

The other regulations mentioned serve different purposes: Regulation X pertains to the Real Estate Settlement Procedures Act (RESPA), focusing on disclosures to homebuyers and sellers regarding settlement services; Regulation Y governs bank holding companies and their subsidiaries; and Regulation A relates to exemptions for certain securities offerings. Therefore, it is Regulation Z that specifically addresses the advertising of real estate loans, making it the correct answer.