The Consumer Financial Protection Bureau issued three annual threshold adjustment final rules, effective Jan. 1, 2021.
CFPB issues annual threshold adjustments
January 04, 2021 / By ICBA
The Consumer Financial Protection Bureau issued three annual threshold adjustment final rules, effective Jan. 1, 2021.
The Consumer Financial Protection Bureau issued three annual threshold adjustment final rules, effective Jan. 1, 2021:
- Asset-size exemption thresholds for depository institutions under Regulation C.
- Thresholds and exemptions for certain creditors under the escrow requirements, small creditor portfolio and balloon-payment qualified mortgage requirements, and prohibitions against balloon-payment high-cost mortgages under Regulation Z.
- The maximum amount consumer reporting agencies may charge consumers for making a file disclosure to a consumer under the Fair Credit Reporting Act.
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