Common use of Predatory Lending Regulations; High Cost Loans Clause in Contracts

Predatory Lending Regulations; High Cost Loans. No Loan (i) is classified as a High Cost Loan, or (ii) is subject to Section 226.32 of Regulation Z or any similar state law (relating to high interest rate credit/lending transactions).

Appears in 10 contracts

Samples: Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.), Master Repurchase Agreement (Rocket Companies, Inc.)

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Predatory Lending Regulations; High Cost Loans. No Mortgage Loan (i) is classified as a High Cost Loan, or (iia) is subject to Section 226.32 of Regulation Z or any similar state law (relating to high interest rate credit/lending transactions), or (b) is a High Cost Mortgage Loan.

Appears in 4 contracts

Samples: Master Repurchase Agreement (Homebanc Corp), Master Repurchase Agreement (Homebanc Corp), Master Repurchase Agreement (Homebanc Corp)

Predatory Lending Regulations; High Cost Loans. No Mortgage Loan (i) is classified as a High Cost Loan, or (iia) is subject to Section 226.32 of Regulation Z or any similar state law (relating to high interest rate credit/lending transactions)., or (b) is a High Cost Mortgage Loan;

Appears in 1 contract

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.)

Predatory Lending Regulations; High Cost Loans. No Underlying Mortgage Loan (i) is classified as a High Cost Loan, or (iia) is subject to Section 226.32 of Regulation Z or any similar state law (relating to high interest rate credit/lending transactions)., or (b) is a High Cost Mortgage Loan;

Appears in 1 contract

Samples: Master Repurchase Agreement (UWM Holdings Corp)

Predatory Lending Regulations; High Cost Loans. No Loan (i) is classified as a High Cost Loan, or (ii) is subject to Section 226.32 of Regulation Z or any similar state law (relating to high interest rate credit/lending transactions).. LEGAL02/41245355v3

Appears in 1 contract

Samples: Master Repurchase Agreement (Rocket Companies, Inc.)

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Predatory Lending Regulations; High Cost Loans. No Loan (i) is classified as a High Cost Loan, or (ii) is subject to Section 226.32 of Regulation Z or any similar state law (relating to high interest rate credit/lending transactions), or (iii) subject to any comparable federal, state or local statutes or regulations, or any other statute or regulation providing for heightened regulatory scrutiny or assignee liability to holders of such mortgage loans.

Appears in 1 contract

Samples: Master Repurchase Agreement (Rocket Companies, Inc.)

Predatory Lending Regulations; High Cost Loans. No Mortgage Loan (i) is classified as a High Cost Mortgage Loan, or (ii) is subject to Section 226.32 of Regulation Z or any similar state law (relating to high interest rate credit/lending transactions).

Appears in 1 contract

Samples: Master Repurchase Agreement (AmeriHome, Inc.)

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