HOEPA definition

HOEPA. The Home Ownership and Equity Protection Act of 1994.
HOEPA means the Home Ownership Equity Protection Act of 1994, as amended.
HOEPA. The Home Ownership and Equity Protection Act of 1994

Examples of HOEPA in a sentence

  • Effective for loans closed on or after March 7, 2003 High Cost Home Loan HOEPA Section 32 Home Ownership and Equity Protection Act of 1994, 15 U.S.C. § 1639, 12 C.F.R. §§ 226.32 and 226.34 Effective October 1, 1995, amendments October 1, 2002 High Cost Loan Illinois High Risk Home Loan Act, Ill.

  • In the event that such party provides direction to the Servicer, the Servicer shall continue to service such HOEPA Claim Loan pursuant to the Servicing Standard, provided that such direction is not inconsistent with the Servicing Standard.

  • With respect to a HOEPA Claim Loan, upon receipt of notice from the Trustee, the Master Servicer or the Mortgagor that the Mortgagor has instituted a claim that the related Mortgage Loan was originated in violation of HOEPA, the Servicer shall, unless otherwise directed by such party, suspend all of its loss mitigation activities with respect to such Mortgage Loan until such time as such claim has been resolved.

  • The Servicer is currently in compliance with the Home Ownership and Equity Protection Act ("HOEPA") and will continue to operate its business in compliance with HOEPA.

  • Effective for loans closed on or after March 7, 2003 ---------------------------- ---------------------------------------- -------------------------- HOEPA Section 32 Home Ownership and Equity Protection High Cost Loan Act of 1994, 15 U.S.C. ss.


More Definitions of HOEPA

HOEPA. The Home Ownership and Equity Protection Act of 1994 and its implementing regulations, including 12 CFR Section 226.32(a)(1)(i) and (ii). Index: With respect to any Adjustable Rate Mortgage Loan, the index identified on the Final Mortgage Loan Schedule and set forth in the related Mortgage Note for the purpose of calculating the interest rate thereon.
HOEPA. The Home Ownership and Equity Protection Act of 1994 and its implementing regulations, including 12 CFR Section 226.32(a)(1)(i) and (ii).
HOEPA means the Home Owner Equity Protection Act, and any amendments thereto, and any regulations or official staff commentary interpreting HOEPA.
HOEPA. The Home Ownership and Equity Protection Act, as amended. HUD: The Department of Housing and Urban Development, or any federal agency or official thereof which may from time to time succeed to the functions thereof with regard to FHA Mortgage Insurance. The term "HUD," for purposes of this Agreement, is also deemed to include subdivisions thereof such as the FHA and GNMA.
HOEPA means the Home Ownership and Equity Protection Act of 1994, as amended, and the rules and regulations promulgated thereunder, as from time to time in effect and any replacement or supplements thereof or thereto.
HOEPA. As defined in SECTION 8.02(A).