12 C.F.R. §1026.43 - Minimum standards for transactions secured by a dwelling
| Cite as | 12 C.F.R. §1026.43 |
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10 cases
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State Nat'l Bank of Big Spring v. Lew
...and Qualified Mortgage Standards under the Truth in Lending Act (Regulation Z), 78 Fed.Reg. 6408 (Jan. 30, 2013) (to be codified at 12 C.F.R. § 1026.43). This rule requires lenders to determine potential borrowers' ability to repay before extending mortgage credit to them. See15 U.S.C. § 16......
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Consumer Fin. Prot. Bureau v. ITT Educ. Servs., Inc., 1:14–cv–00292–SEB–TAB.
...the scope of affordability for mortgages, no analogous authoritative guidance exists for these loans. Def.'s Br. 20–21 (citing 12 C.F.R. § 1026.43(c) ). Further, ITT cites 12 U.S.C. § 5517(o ), which prohibits the Bureau from establishing a "usury limit applicable to an extension of credit"......
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Fair Hous. Ctr. of Cent. Ind. v. Rainbow Realty Grp.
...Make a reasonable, good faith determination as to each customer's ability to repay the loan offered. 15 U.S.C. § 1639c(a); 12 C.F.R. § 1026.43(c);(2) Require customers to receive pre-loan counseling. 15 U.S.C. § 1639(u); 12 C.F.R. § 1026.34(a)(5);(3) Provide customers with statutory disclos......
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James v. Detroit Prop. Exch.
...§ 1026.32(c) (as to all Entity Defendants)" (Count I);2) "Violation of the TILA and HOEPA (Ability to Repay), 15 U.S.C. § 1639(h), 12 C.F.R. § 1026.43(c) (As to all Entity Defendants)" (Count II);3) "Violation of the HOEPA (Pre-Loan Counseling), 15 U.S.C. § 1639(u), 12 C.F.R. § 1026.34(a)(5......
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3 provisions
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HB 199 – Enact Ohio Residential Mortgage Lending Act
...protection, and fair lending issues;(3) Two hours of training related to lending standards for non-qualified mortgages, as defined in 12 C.F.R. 1026.43, or the nontraditional mortgage product marketplace.(B) Continuing education courses shall be reviewed and approved by the nationwide mortg......
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HF 609 – AN ACT RELATING TO SPECIFIED LOANS PROVIDED BY A MORTGAGE BANKER
...which the points and fees the borrower is charged by all lenders in connection with the loan do not exceed the amounts specified in 12 C.F.R. §1026.43(e)(3), the loan shall not be subject to the provisions of subsection 4, paragraphs "a", "b", and "d", or subsection 5. If a lender that is a......
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Chapter 1037, HF 2324 – AN ACT RELATING TO CONSUMER LENDING TRANSACTIONS BY MODIFYING PROVISIONS APPLICABLE TO CERTAIN LOAN CHARGES AND MODIFYING DESIGNATED MONETARY LIMITS SPECIFIED IN THE CONSUMER CREDIT CODE, AND INCLUDING APPLICABILITY PROVISIONS
...which the points and fees the borrower is charged by all lenders in connection with the loan does not exceed the amounts specified in 12 C.F.R. 1026.43(e)(3), the loan shall not be subject to the provisions of subsection 2, paragraphs "a", "b", and "d", or subsection 3. This subsection appl......