CFPB – Truth in Lending Annual Threshold Adjustments – Entered in Federal Register August 27, 2018 – Effective January 1, 2019
Written By: Tammy Butler, Master CMB Each year, the CFPB is mandated to adjust tolerance thresholds under HOEPA and QM. Be sure to read this article to understand what is changing and when it goes into effect. Rule Synopsis: The Bureau is required to calculate annually the dollar amounts for several provisions in Regulation Z; [...]