Home Ownership and Equity Protection Act

Home Ownership and Equity Protection Act
Home Ownership and Equity Protection Act ( HOPEA)
A 1994 Federal statue enacted to address perceived abuses in high cost home mortgage lending. Final rules implementing this law where adopted by the Federal Reserve Board as amendments to Regulation Z, Truth-In-Lending in December 2001. American Banker Glossary

Financial and business terms. 2012.

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