CFPB/Fed/OCC increase exemption thresholds for appraisal requirement, Regs Z and M

The CFPB, Fed, and OCC have published notices in the Federal Register announcing that they are increasing three exemption thresholds that are subject to annual inflation adjustments.  Effective January 1, 2018 through December 31, 2018, these exemption thresholds are increased as follows: Smaller loans exempt from the appraisal requirement for "higher priced mortgage loans," increased... Continue Reading…...(read more)

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