Tag: Exempt

CFPB Announces Threshold Amounts for Smaller Loan Exemption for HPML Appraisal Requirements – Dated October 30, 2019

Written by: Lloyd Rutherford, Staff Writer Rule Synopsis: The CFPB is required to calculate annually the dollar amounts for various topics contained in Regulation Z (aka The Federal Truth-in-Lending Act or TILA). This article will address the changes that impact the mortgage industry related to the appraisal requirements for HPML as it relates to smaller […]

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