Tag: Higher-Priced

CFPB – Agency Announces Threshold for Smaller Loan Exemption from Appraisal Requirements for Higher Priced Mortgage Loans – Dated November 18, 2020

Written by: Lloyd Rutherford, Staff Writer 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 loans. Rule […]

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