CFPB and Fed release updated thresholds for Regulations Z and M
The dollar thresholds for both regulations were increased from $66,400 to $69,500, an increase of 4.6 percent.
The dollar thresholds for both regulations were increased from $66,400 to $69,500, an increase of 4.6 percent.
According to FHA, the proposal “… will support servicer liquidity and strengthen the HECM market for senior homeowners.”
HUD requires federal mortgage holders to perform property inspections to determine “occupancy status, ascertain property condition and to maintain property preservation.”
The CFPB used the information in its annual report to Congress on the Fair Debt Collection Practices Act (FDCPA).
The guidance adopts new requirements for coin-listing and delisting policies of DFS-regulated virtual currency entities.