Common use of High Cost Loans Clause in Contracts

High Cost Loans. No Mortgage Loan is classified as a “high cost mortgage” under Section 32 of the Home Ownership and Equity Protection Act of 1994 or is considered a “high cost mortgage” loan or “higher cost mortgage loan” under any other applicable law applicable at the time the loan was originated or any applicable Investor’s anti-predatory lending policy at the time of origination.

High Cost Loans. No Mortgage Loan is classified as a “high cost mortgage” under Section 32 of the Home Ownership and Equity Protection Act of 1994 or is considered a “high cost mortgagemortgage loan” loan or “higher cost mortgage loan” under any other applicable law Law applicable at the time the loan was originated or any applicable the particular Investor’s anti-predatory lending policy at the time of origination. No Mortgage Loan would be classified as a “predatory,” “threshold” or “abusive” mortgage loan under any Applicable Law.

High Cost Loans. No Unless otherwise identified on the Mortgage Loan Schedule, no Mortgage Loan is classified as a “high cost mortgage” under Section 32 of the Home Ownership and Equity Protection Act of 1994 or is considered a “high cost mortgage” loan or “higher cost mortgage loan” under any other applicable law applicable at the time the loan was originated or any applicable Investor’s anti-anti- predatory lending policy at the time of origination.. ARTICLE VI

High Cost Loans. No Unless otherwise identified on the Mortgage Loan Schedule, no Mortgage Loan is classified as a “high cost mortgage” under Section 32 of the Home Ownership and Equity Protection Act of 1994 or is considered a “high cost mortgage” loan or “higher cost mortgage loan” under any other applicable law applicable at the time the loan was originated or any applicable Investor’s anti-anti- predatory lending policy at the time of origination.