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CFPB Establishes Dollar Amount Threshold for HOEPA for 2013

Effective January 1, 2013, the dollar amount threshold with respect to the total points and fees payable by the consumer at or before loan closing for purposes of Section 32 of Regulation Z (12 CFR 1026.32) will be increased to $625.  To view the CFPB’s announcement, click here.

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