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CUNA: More CU Relief Needed From High-priced Mortgage Proposal

While many credit unions are not motivated to offer Higher-Priced Mortgage Loans to their members, more and more of them are becoming subject to HPML regulations as a result of Dodd-Frank Act definition changes, and any additional regulatory relief that can be provided is welcome for covered credit unions, CUNA Senior Assistant General Counsel Luke Martone wrote.

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