FORUM PROFILE

High Cost Mortgage Loan

Home Forums Compliance Masters Group (Members Only) High Cost Mortgage Loan

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #3477
    wp27
    Participant

    Is this the same as HOEPA? Has it been called a High Cost Mortgage Loan before? The new thresholds for points and fees and APR Jack discussed in the session this week replace the old HOEPA thresholds, correct?

    #3484
    rcooper
    Keymaster

    Yes, high cost mortgages are HOEPA loans. And you are correct, Jack discussed the new thresholds in the most recent session.

Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.