Description
Coverage flowcharts provide an easy method to determine whether particular requirements are applicable to a transaction. The HPML Coverage Flowchart provides a quick check to determine whether a transaction is subject to the rules contained in 12 CFR 1026.35 that govern higher-priced mortgage loans. It distinguishes between first and subordinate lien loans and jumbo and non-jumbo mortgages.
Reviewed 09-23-2019
