Agencies issue final rule on method to adjust the threshold for exempting small loans from special appraisal requirements and announce 2017 threshold

[kreslik.news]

Consumer Financial Protection Bureau

Federal Reserve Board of Governors

Office of the Comptroller of the Currency



For release at 1:00 p.m. EST
November 23, 2016
Agencies Issue Final Rule on Method to Adjust the Threshold for Exempting Small Loans from Special Appraisal Requirements and Announce 2017 Threshold
The Consumer Financial Protection Bureau (CFPB), Federal Reserve Board, and Office of the Comptroller of the Currency (OCC) today issued a final rule detailing the method that will be used to make annual inflation adjustments to the threshold for exempting small loans from special appraisal requirements. The final rule ... (read more)