CFPB announces asset-size threshold adjustments under HMDA (Regulation C) and TILA (Regulation Z)
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Mon, Dec 23, 5:48 PM (7 days ago)
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Good afternoon,
The
Bureau has announced the asset-size exemption thresholds for depository
institutions under Regulation C. The Bureau has also announced the
asset-size exemption thresholds for certain creditors under the escrow
requirements and small creditor portfolio and balloon-payment qualified
mortgage requirements, and the small creditor exemption from the
prohibition against balloon-payment high-cost mortgages under Regulation
Z.
These adjustments are effective on January 1, 2020, consistent with relevant statutory or regulatory provisions.
You can access the Regulation C notice at: http://www.consumerfinance.
You can access the Regulation Z notice at: http://www.consumerfinance.
Thank you,
Consumer Financial Protection Bureau
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