Home Ownership and Equity Protection Act of 1994

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:United_States_federal_law
gptkbp:abbreviation	gptkb:HOEPA
gptkbp:administeredBy	gptkb:Consumer_Financial_Protection_Bureau
gptkbp:amendedBy	gptkb:Truth_in_Lending_Act
gptkbp:appliesTo	certain high-cost mortgages
gptkbp:citation	Public Law 103-325, Title I, Subtitle B
gptkbp:codifiedIn	gptkb:15_U.S.C._§_1639
gptkbp:enactedBy	gptkb:United_States_Congress
gptkbp:enforcedBy	gptkb:Federal_Trade_Commission state attorneys general
https://www.w3.org/2000/01/rdf-schema#label	Home Ownership and Equity Protection Act of 1994
gptkbp:imposedBy	disclosure requirements prohibitions on certain practices restrictions on loan terms
gptkbp:influencedBy	concerns about predatory lending
gptkbp:partOf	gptkb:Riegle_Community_Development_and_Regulatory_Improvement_Act_of_1994
gptkbp:prohibits	negative amortization due-on-demand clauses except in limited circumstances balloon payments in certain loans increased interest rates upon default prepayment penalties in certain cases
gptkbp:providesFor	civil liability for violations rescission rights for borrowers
gptkbp:purpose	protect consumers from predatory lending practices
gptkbp:regulates	high-cost home loans
gptkbp:requires	additional disclosures for high-cost loans
gptkbp:signedBy	gptkb:Bill_Clinton September 30, 1994
gptkbp:bfsParent	gptkb:Riegle_Community_Development_and_Regulatory_Improvement_Act_of_1994
gptkbp:bfsLayer	7