Answer:
Beginning 1-1-04, the total points and fees test must exceed 8% of the loan amount and $499 to be subject to HOEPA.
First published on BankersOnline.com 11/17/03
Beginning 1-1-04, the total points and fees test must exceed 8% of the loan amount and $499 to be subject to HOEPA.
First published on BankersOnline.com 11/17/03