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Threshold Requirements Appraisal Clauses

Katten Muchin Rosenman LLP

Agencies Announce Threshold for Smaller Loan Exemption From Appraisal Requirements for Higher-Priced Mortgage Loans

On November 25, the Consumer Financial Protection Bureau, Board of Governors for the Federal Reserve System and Office of the Comptroller of the Currency announced that the threshold for exempting loans from special appraisal...more

Ballard Spahr LLP

CFPB Makes No Change to Exemption Thresholds for Appraisal Requirement, Regs Z, M

Ballard Spahr LLP on

The CFPB has published notices in the Federal Register announcing that it is making no change to three exemption thresholds that are subject to annual inflation adjustments. Effective January 1, 2016, through December 31,...more

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