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Asset Management Escrow Accounts Final Rules

Ballard Spahr LLP

CFPB Adjusts HPML Asset Exemption Threshold

Ballard Spahr LLP on

The CFPB recently issued 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 (HPML)....more

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