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Home » Store » Taxable » NHEMA Sues to Stop OTS Mortgage Parity Regulation

NHEMA Sues to Stop OTS Mortgage Parity Regulation

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Subprime lenders have made good on their threat of a legal challenge to a controversial change in how the Alternative Mortgage Transaction Parity Ac is implemented. At issue is an Office of Thrift Supervision rule, finalized in September that removes prepayment penalties and late fees from the list of loan terms subject to preemption under AMTPA.
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