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Consumer group urges CFPB to tighten HOEPA proposal
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Consumer Protection
Friday, September 28, 2012
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Consumer advocates want the CFPB to include additional restrictions for lenders under a proposed regulation implementing Dodd-Frank’s changes to the Home Ownership and Equity Protection Act. The suggestions came as industry participants expressed concern about the agency’s plan to expand the types of loans that are subject to HOEPA.
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