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Home arrow What We Do arrow Predatory Lending arrow Statutory Responses to Predatory Lending--HOEPA and the Ohio Consumer Predatory Lending Act
Statutory Responses to Predatory Lending--HOEPA and the Ohio Consumer Predatory Lending Act PDF Print E-mail
Recognizing that common law theories were insufficient to deal with predatory lending practices, in 1994 Congress passed the Home Ownership and Equity Protection Act (HOEPA) as part of Truth in Lending, and amended it in 2001.
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