<img height="1" width="1" style="display:none;" alt="" src="https://px.ads.linkedin.com/collect/?pid=4052188&amp;fmt=gif">
Contact Sales

On Friday, six federal regulatory agencies issued a final rule with new appraisal requirements for higher-priced mortgage loans. The rule implements amendments to the Truth in Lending Act, which was made by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

The rule will be effective on January 18, 2014. The agencies plan to publish a supplemental proposal to get additional comments on exemptions for certain types of loans. 
Like it? Share it:

You may also like

The Credit Union Guide to Recent Regulation Z Changes
The Credit Union Guide to Recent Regulation Z Changes
29 January, 2013

January has been a big month for the Consumer Financial Protection Bureau (CFPB). The bureau published final rules on Re...

Read this article

SEC Changes to Enforce Tougher Custody Rules for Broker-Dealers
SEC Changes to Enforce Tougher Custody Rules for Broker-Dealers
20 September, 2013

The SEC has adopted some important changes to broker-dealer reporting rules. The changes are meant to enhance oversight ...

Read this article

CUNA: Most Credit Unions Unprepared for Obamacare Compliance
CUNA: Most Credit Unions Unprepared for Obamacare Compliance
25 April, 2013

A new survey from CUNA Mutual Group reveals that most credit unions aren’t prepared to comply with the Patient Protectio...

Read this article