HPML - What does HPML stand for? The Free Dictionary
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chief executive Lorraine Dallas said residents should challenge their evaluation at a tribunal if they were unhappy.
Once an HPML
is identified, new underwriting requirements are needed to ensure the borrower's ability or capacity to repay the loan, including:
On the federal level, this law added new escrow requirements on April 1, and several states, including California, Maine and South Carolina added new regulations in 2010 to further govern HPMLs