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The HMDA facts also recognize loans which might be coated by the Home Possession and Fairness Security Act (HOEPA). Under HOEPA, particular sorts of house loan loans which have fascination charges or overall details and charges above specified stages are matter to selected specifications, like further disclosures to consumers, and in addition are s
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See: The Federal Equivalent Credit score Possibility Act prohibits creditors from discriminating against credit rating applicants on The idea of race, colour, religion, countrywide origin, sexual intercourse, marital standing, age (provided the applicant has the capacity to enter into a binding contract); due to the fact all or Section of the appli
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