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Home » Store » Taxable » Fed Proposes Change to HOEPA Rate Benchmark

Fed Proposes Change to HOEPA Rate Benchmark

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The Federal Reserve Board has proposed changes to Truth in Lending Act regulations for determining “high cost” loans and for disclosing private mortgage insurance payments. In a proposed rule published in the Dec. 6 Federal Register, the Fed announced plans to alter the staff commentary to Regulation Z, which implements TILA, to more clearly identify the appropriate comparable Treasury security lenders may use to identify high-cost loans under
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