Finance
Indiana's anti-predatory lending provisions targeting high-cost home loans require additional disclosures and prohibitions on terms such as:
AStandard fixed-rate mortgages
BBalloon payments, prepayment penalties exceeding certain thresholds, and mandatory arbitration clauses in high-cost loans✓ Correct
CAll FHA loans
DVA loans only
Explanation
Anti-predatory lending regulations (at both state and federal levels) impose additional requirements on high-cost loans, such as prohibiting or limiting balloon payments, excessive prepayment penalties, and mandatory arbitration clauses.
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