Homeownership and Equity Protection Act. No High Cost Loans ----------------------------------------------------------- No Assigned Loan is (a) a "high cost" loan under the Home Ownership and Equity Protection Act of 1994 as amended, or (b) a "high cost," "threshold," "covered," "predatory," "abusive," or similarly defined loan, including refinance loans, under any other applicable state, federal or local law (or a similarly classified loan using different terminology under a law imposing heightened regulatory scrutiny or additional legal liability for residential mortgage loans having high interest rates, points and/or fees).
Appears in 2 contracts
Samples: Assumption and Recognition Agreement (Banc of America Funding 2007-3 Trust), Assumption and Recognition Agreement (Banc of America Funding 2007-4 Trust)
Homeownership and Equity Protection Act. No High Cost Loans ----------------------------------------------------------- No Assigned Loan is (a) a "high cost" loan under the Home Ownership and Equity Protection Act of 1994 as amended, or (b) a "high cost," "threshold," "covered," "predatory," "abusive," or similarly defined loan, including refinance loans, under any other applicable state, federal or local law (or a similarly classified loan using different terminology under a law imposing heightened regulatory scrutiny or additional legal liability for residential mortgage loans having high interest rates, points and/or fees).. Schedule I-2
Appears in 2 contracts
Samples: Assumption and Recognition Agreement (Banc of America Funding 2007-4 Trust), Assumption and Recognition Agreement (Banc of America Funding 2007-3 Trust)
Homeownership and Equity Protection Act. No High Cost Loans ----------------------------------------------------------- Loans. No Assigned Loan is (a) a "high cost" loan under the Home Ownership and Equity Protection Act of 1994 as amended, or (b) a "high cost," "threshold," "covered," "predatory," "abusive," or similarly defined loan, including refinance loans, under any other applicable state, federal or local law (or a similarly classified loan using different terminology under a law imposing heightened regulatory scrutiny or additional legal liability for residential mortgage loans having high interest rates, points and/or fees).
Appears in 1 contract
Samples: Assumption and Recognition Agreement (Banc of America Funding Corp)
Homeownership and Equity Protection Act. No High Cost Loans ----------------------------------------------------------- No Assigned Loan is (a) a "high cost" loan under the Home Ownership and Equity Protection Act of 1994 as amended, or (b) a "high cost," "threshold," "covered," "predatory," "abusive," or similarly defined loan, including refinance loans, under any other applicable state, federal or local law (or a similarly classified loan using different terminology under a law imposing heightened regulatory scrutiny or additional legal liability for residential mortgage loans having high interest rates, points and/or fees).
Appears in 1 contract
Samples: Assumption and Recognition Agreement (Banc of America Funding Corp)