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 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.

Examples of HOEPA in a sentence

  • The Mortgage Loan does not have an “annual percentage rate” or total “points and fees” payable by the related Customer (as each such term is calculated under HOEPA) that exceed the thresholds set forth by HOEPA and its implementing regulations for “high cost” loans, including 12 C.F.R. § 226.32(a)(1)(i).


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).
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 has the meaning specified in paragraph 15 of Exhibit C-2.
HOEPA. As defined in SECTION 8.02(A).
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.