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Key Protections Under Final Rule.

Publication: Broker Magazine
Publication Date: 01-SEP-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Byline: Jennifer Harmon

* The final rule adds key protections for a newly defined category of "higher-priced mortgage loans" secured by a consumer's principal dwelling. For loans in this category, these protections will prohibit a lender from making a loan without regard to a borrowers' ability to repay the...

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