JD Supra

CFPB Adjusts HPML Asset Exemption Threshold

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).
Banking Dive

Fed’s Bowman, lawmakers suggest regulatory threshold changes

The vice chair for supervision also wondered whether a more nuanced approach would be better than single-metric thresholds, ...
American Banker

Act Fast to Raise Midsize Banks' Asset Threshold

The movement to raise the asset thresholds at which banks face greater regulation appears to be gaining momentum. That's good news. But regulators should ensure that midsize banks get relief as ...
JD Supra

CFPB Adjusts HMDA and TILA Asset Exemption Thresholds

The CFPB recently issued a final rule increasing the asset exemption threshold under the Home Mortgage Disclosure Act (HMDA) and a final rule increasing the asset exemption threshold for the Truth in ...
American Banker

Bessent: Bank asset thresholds need a 'substantial increase'

WASHINGTON — Treasury Secretary Scott Bessent said he supports the idea of changing asset thresholds for banks, arguing that current levels are outdated. Speaking at a Community Banking Conference ...