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Final Rules Threshold Requirements Exemptions

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

Latham & Watkins LLP

China Finalises Exemptions to Cross-Border Data Transfer Rules and Eases Restrictions

Latham & Watkins LLP on

On 22 March 2024, the CAC published the final version of the Provisions on Promoting and Regulating Cross-Border Data Flows which took effect immediately and follows the draft published for consultation in September 2023. On...more

Ballard Spahr LLP

Federal Banking Agencies Increase Transaction Value Appraisal Exemption

Ballard Spahr LLP on

As we previously reported, last November the FDIC, Federal Reserve Board and Comptroller of the Currency (the federal banking agencies) proposed a rule to implement a rural residential property appraisal exemption under the...more

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