Finanse i konsumenci · 23/12/2021

Bureau of Consumer Financial Protection Amends Regulation Z to Reflect Changes in Asset-Size Exemption Thresholds

The Bureau of Consumer Financial Protection is updating its interpretation of Regulation Z, also known as the Truth in Lending Act, to reflect changes in the asset-size thresholds for creditors to qualify for an exemption from establishing an escrow account for higher-priced mortgage loans, following updates to the Economic Growth, Regulatory Relief, and Consumer Protection Act.