On August 23, North Carolina enacted HB 692, which amends the state’s anti-predatory lending law. Effective October 1, 2013, the law increases the points and fees threshold for high cost home loans from 4% to 5% for loans of $20,000 or more and excludes from the points and fees calculation any up-front fees collected and paid to the FHA, VA, or USDA. The bill also alters the state’s rate spread home loans provisions to match federal restrictions.