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#172370 - 03/23/04 03:33 PM Utah High Cost Home Loan Act
Elaine K. Sheehan Offline
100 Club
Elaine  K. Sheehan
Joined: Jul 2002
Posts: 157
Grand Rapids, MI
UT HB 160 which creates the Utah High Cost Home Loan Act was signed by the Governor on March 22, 2004. Click here.

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#172371 - 03/24/04 04:02 PM Re: Utah High Cost Home Loan Act
CSpellman Offline
100 Club
Joined: Nov 2000
Posts: 176
Didn't see an effective date? is it immediate?
_________________________
...but I saved a lot on my auto insurance

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#172372 - 03/24/04 08:03 PM Re: Utah High Cost Home Loan Act
Elaine K. Sheehan Offline
100 Club
Elaine  K. Sheehan
Joined: Jul 2002
Posts: 157
Grand Rapids, MI
The effective date is May 3, 2004.

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#172373 - 04/14/04 06:27 PM Re: Utah High Cost Home Loan Act
Anonymous
Unregistered

Does the Utah High Cost Home Loan Act apply to federally chartered banks?

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#172374 - 05/29/04 09:36 PM Re: Utah High Cost Home Loan Act
Anonymous
Unregistered

"Total points and fees" as a threshold measure is not defined, as in many states. Any idea if YSP's need to be included in the calculation re the 8% threshold?

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