Finanse i konsumenci · 23/12/2019

Bureau of Consumer Financial Protection Amends Regulation Z to Reflect Change in Asset-Size Exemption Threshold

The Bureau of Consumer Financial Protection is updating its interpretation of the Truth in Lending Act to reflect a change in the asset-size threshold for certain creditors to qualify for an exemption from establishing escrow accounts for higher-priced mortgage loans, based on the annual percentage change in the Consumer Price Index for Urban Wage Earners and Clerical Workers.