CFPB Issued Final Rule to Effect Annual Adjustments to TILA Thresholds for 2022
The Consumer Financial Protection Bureau (CFPB) Monday issued a final rule revising dollar amounts for certain regulations falling under Regulation Z that implement the Credit Card Accountability Responsibility and Disclosure Act (CARD Act), the Home Ownership and Equity Protection Act (HOEPA), and the ability-to-repay/qualified mortgage (QM) provisions of the Truth in Lending Act.
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