12 C.F.R. §1003.2 - Definitions
| Cite as | 12 C.F.R. §1003.2 |
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1 cases
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Nat'l Cmty. Reinvestment Coal. v. Consumer Fin. Prot. Bureau, Civil Action 20-2074 (BAH)
...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 ......
1 firm's commentaries
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Entering the HMDA Homestretch: CFPB Proposes Temporary Increase in HELOC Reporting Threshold, Releases New and Updated Filing Resources
...may report. 12 C.F.R. § 1003.4(c)(3). 2 See 2015 Final Rule, 80 Fed. Reg. 66,128, 66,308-309 (Oct. 28, 2015) (to be codified at 12 C.F.R. §§ 1003.2(g)(1)(v)(B) and (g)(2)(ii)(B) (eff. Jan. 1, 2018)). 2 Client Alert © 2017 Morrison & Foerster LLP | mofo.com Attorney Advertising In the preamb......