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Home » Store » News » HOEPA Thresholds Still a Concern for Lenders

HOEPA Thresholds Still a Concern for Lenders

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Federal regulatory thresholds for higher-priced loans need to be adjusted, the Consumer Mortgage Coalition warned in a letter sent to the Federal Reserve last week. “While the premise that interest rates can distinguish prime and subprime loans may have been supportable based on the market data prior to 2008, events have overtaken prior data and analysis,” the CMC said...
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