Predatory Lending definition

Predatory Lending. No Mortgage Loan is a High Cost Loan or Covered Loan, as applicable; (uuu)
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Predatory Lending means lending or lending related practices that are unlawful under Federal and/or State law, including but not limited to Ohio Revised Code Sections 1349.26 and 1349.27.
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Examples of Predatory Lending in a sentence

  • SCHEDULE I SCHEDULE OF MORTGAGE LOANS [Delivered to the Indenture Trustee only] SCHEDULE II STANDARD & POOR'S GLOSSARY Standard & Poor's Predatory Lending Categorization Standard & Poor's has categorized loans governed by anti-predatory lending laws in the jurisdictions listed below into three categories based on a combination of factors that include (a) the risk exposure associated with the assignee liability and (b) the tests and thresholds set forth in those laws.

  • State/Jurisdiction Name of Anti-Predatory Lending Law/Effective Date Category under Applicable Anti- Predatory Lending Law Arkansas Arkansas Home Loan Protection Act, Ark.

  • Any and all requirements of any federal, state or local law including, without limitation, usury, laws with respect to unfair and deceptive lending practices and Predatory Lending Practices truth-in-lending, real estate settlement procedures, consumer credit protection, equal credit opportunity or disclosure laws applicable to the Mortgage Loan have been complied with, the consummation of the transactions contemplated hereby will not involve the violation of any such laws or regulations.

  • SCHEDULE I SCHEDULE OF MORTGAGE LOANS [Delivered to the Indenture Trustee only] SCHEDULE II STANDARD & POOR'S GLOSSARY Standard & Poor's Predatory Lending Categorization Standard & Poor's has categorized loans governed by anti-predatory lending laws in the jurisdictions listed below into three categories based upon a combination of factors that include (a) the risk exposure associated with the assignee liability and (b) the tests and thresholds set forth in those laws.

  • Endorsements are $175 each; chain of title is $250; Predatory Lending Certification (if required) is $50.

  • Effective November 27, 2003 - July 5, 2004 STANDARD & POOR'S COVERED LOAN CATEGORIZATION Category under Name of Anti-Predatory Lending Applicable Anti- State/Jurisdiction Law/Effective Date Predatory Lending Law ------------------ ------------------ --------------------- STANDARD & POOR'S HOME LOAN CATEGORIZATION Category under Name of Anti-Predatory Lending Applicable Anti- State/Jurisdiction Law/Effective Date Predatory Lending Law ------------------ ------------------ --------------------- Georgia (Oct.

  • Effective June 5, 2002 STANDARD & POOR'S COVERED LOAN CATEGORIZATION Category under Name of Anti-Predatory Lending Applicable Anti- State/Jurisdiction Law/Effective Date Predatory Lending Law ------------------ ------------------ --------------------- Georgia (Oct.

  • By:_______________________________ Name: Title: Servicing Officer EXHIBIT E STANDARD & POOR'S GLOSSARY Standard & Poor's Predatory Lending Categorization Standard & Poor's has categorized loans governed by anti-predatory lending laws in the jurisdictions listed below into three categories based on a combination of factors that include (a) the risk exposure associated with the assignee liability and (b) the tests and thresholds set forth in those laws.

  • The originator of each MH Loan did not engage in Predatory Lending Practices in connection with the origination of any MH Loan.

  • Schedule I Schedule of Mortgage Loans [Delivered to the Indenture Trustee only] Schedule II Standard & Poor's Glossary Standard & Poor's Predatory Lending Categorization Standard & Poor's has categorized loans governed by anti-predatory lending laws in the jurisdictions listed below into three categories based on a combination of factors that include (a) the risk exposure associated with the assignee liability and (b) the tests and thresholds set forth in those laws.