Finanse i konsumenci · 12/05/2020

Bureau of Consumer Financial Protection to Amend Regulation C for Mortgage Reporting Thresholds

The Bureau of Consumer Financial Protection is amending Regulation C to lower the reporting threshold for closed-end mortgage loans from 100 to fewer than 100 loans, effective July 1, 2020, and for open-end lines of credit from 500 to 200 lines, effective January 1, 2022.