Friday, February 9, 2018

House Again Passes Legislation to Review Points and Fees

On February 8, 2018 the United States House of Representatives passed The Mortgage Choice Act, H.R. 1153, to revise the definition of "points and fees" for purposes of the Regulation Z ability to repay/qualified mortgage requirements and high-cost mortgage loan requirements.  Although a voice vote was held on February 7, Chairman of the House Financial... Continue Reading…...(read more)
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