Finance
A Texas lender who makes a predatory loan to an elderly homeowner—charging excessive fees, misrepresenting terms, and using high-pressure tactics—may be liable under all of the following EXCEPT:
ATexas DTPA (Deceptive Trade Practices Act)
BTILA (Truth in Lending Act)
CHOEPA (Home Ownership and Equity Protection Act) if the loan is high-cost
DTREC's real estate agent regulations✓ Correct
Explanation
Predatory lending violates consumer protection laws such as the Texas DTPA, TILA, ECOA, and HOEPA (which requires additional protections for high-cost loans). TREC regulates real estate license holders, not mortgage lenders—unless a real estate agent also facilitated the predatory lending in their capacity as a real estate licensee.
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