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Home Ownership Equity and Protection Act : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "Home Ownership Equity and Protection Act"

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The Illusion of Mortgage Protection

With a growing number of foreclosures nationwide, it’s good to know that the federal government has consumer protections in place to defend the public interest. What’s not so good is what those “protections” actually say. Speaking in Chicago, Federal Reserve Board Chairman Ben Bernanke said “the Home Ownership Equity Protection Act (HOEPA) gives the Board [...]

1Sep2008 | | 0 comments | Continued