12 C.F.R. §1003.2 - Definitions

Cite as12 C.F.R. §1003.2
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1 cases
  • Nat'l Cmty. Reinvestment Coal. v. Consumer Fin. Prot. Bureau, Civil Action 20-2074 (BAH)
    • United States
    • United States District Courts. United States District Court (Columbia)
    • September 23, 2022
    ...and “open-end lines of credit.” A “[c]losed-end mortgage loan” is “an extension of credit that is secured by a lien on a dwelling,” 12 C.F.R. § 1003.2(d), like the traditional 30-year mortgage millions of Americans use to purchase their homes. An “[o]pen-end line of credit” is an extension ......
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