Regulatory & Compliance Updates

Reg Z Truth-In-Lending Changes: Regulations adopted by the Board of Governors of the Federal Reserve (Board) and Consumer Financial Protection Bureau (CFPB) require the dollar threshold for exempt consumer credit transactions be adjusted annually.

Appraisals for Higher-Priced Mortgage Loans Exemption Threshold: The Office of the Comptroller of Currency, Treasury (OCC), the Board, and CFPB are finalizing amendments to the official interpretations for their regulations that implement section 129H of the Truth in Lending Act (TILA).

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