TILA High-Cost Mortgage Disclosures (HOEPA) 15 U.S.C. § 1639
Imposes extra disclosure and bans on abusive terms for high-cost mortgages, including prepayment penalty limits and no lending without ability-to-pay assessment. Triggered by APR or fee thresholds.
Key provisions
- High-cost trigger thresholds
- Banned loan features and balloon limits
- Ability-to-repay requirement
- Counseling disclosure
Query this statute via API
Royal Ruby returns structured citations, plain-English summaries, reporting timelines, and statutes of limitations for this and related statutes. $0.05 per call, USDC on Base mainnet via x402 — no API keys, no signup.
curl -X POST https://royal-ruby-x402.fly.dev/api/law-lookup \
-H 'Content-Type: application/json' \
-d '{"topic": "TILA High-Cost Mortgage Disclosures", "statute": "15 U.S.C. § 1639"}'
# -> 402 challenge: $0.05 USDC on Base (eip155:8453), payTo 0x9b8a...f72f
# Settle with any x402 client (@x402/fetch, MCP x402 tools), replay with payment header.
Full background and the service fleet: RAEN blog — Live x402 Agent APIs. Information only — not legal advice.