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CFPB Sets Loan Limits for High-Cost Mortgages
National Mortgage News, Aug. 31, 2017–Elina Tarkazikis (subscription)
The Home Ownership Equity Protection Act loan threshold rose slightly to $21,032, from $20,579. The adjusted points and fees dollar trigger for high-cost mortgages in 2018 will be $1,052, up from $1,029, according to a final rule filed in the Federal Register this week.