Which act was modified to include regulations related to high-cost loans?

The Home Ownership and Equity Protection Act (HOEPA) was specifically designed to address concerns related to high-cost loans by providing additional protections for borrowers. Originally enacted in 1994 as an amendment to the Truth in Lending Act, HOEPA established specific criteria for what constitutes a high-cost mortgage and imposed restrictions and disclosure requirements on lenders when such loans are made.

The act seeks to prevent predatory lending practices by requiring lenders to provide clear and comprehensive information to borrowers regarding the costs, terms, and potential risks associated with high-cost loans. This includes disclosures about the total cost of the loan, prepayment penalties, and the potential for increased payments, among other things.

As a result of these regulations, HOEPA plays a crucial role in ensuring that consumers are better informed and protected when entering into loans that could place them in a vulnerable financial position. This focus on high-cost loans is what differentiates HOEPA from other acts listed in the options, as they do not specifically pertain to regulations directed at high-cost loans.