Colleges would be asked to bear some $150 million in costs to originate loans.
But the Fed prevented the subsidiary from doing this for any loans originated by the bank.
A $3 billion credit platform focusing on originating new loans to performing middle market companies.
These changes in programs fee structure would become effective for loans originated in 2012.
It originates loans primarily through a network of independent mortgage brokers.
Banks that originate loans and continue to service them can often be more flexible about the particular problems of expatriates, she said.
By originating loans, Dynex saves money because it does not have to buy mortgages in the secondary market.
The new subsidiary was projected to originate loans totaling $20 million to $30 million in the first year.
They ceased originating loans on April 3, 2008.
"We've worked to conform their practices; today, none of these channels originate Hoepa loans."