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Tuesday, December 27, 2016

CFPB Adjusts Exemption Thresholds for Escrows

The CFPB has adjusted asset-size exemption thresholds for banks under Regulation Z. The asset size for banks exempt from the requirement to establish an escrow account for higher-priced mortgages under Reg. Z will rise from $2.05 billion to $2.07 billion.

Read more.

2 comments:

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