Monday, November 30, 2015

CFPB makes no change to exemption thresholds for appraisal requirement, Regs Z and M

Barbara S. Mishkin The CFPB has published notices in the Federal Register announcing that it is making no change to three exemption thresholds that are subject to annual inflation adjustments.  Effective January 1, 2016 through December 31, 2016, these exemption thresholds remain as follows: Smaller loans exempt from the appraisal requirement for "higher priced mortgage loans," $25,500 Consumer... More >...(read more)
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