CFPB Adjusts HMDA and TILA Asset Exemption Thresholds
By EsqSocial Corporation 24/12/20
The CFPB recently issued a final rule increasing the asset exemption threshold under the Home Mortgage Disclosure Act (HMDA) and a final rule increasing the asset exemption threshold for the Truth in Lending Act (TILA) requirement to maintain an escrow account for a higher-priced mortgage loan....
By: Ballard Spahr LLP