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Home » Store » News » HOEPA Revision to Alter Originations, HMDA Data

HOEPA Revision to Alter Originations, HMDA Data

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In addition to revamping the subprime market, the Federal Reserve’s revision of the Home Ownership and Equity Protection Act contains provisions on servicing practices, coercion of appraisers, advertising and mortgage disclosures for most mortgages. The Fed said it will also alter reporting for subprime mortgages under the Home Mortgage Disclosure Act. The high priced loans as...
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