News & Updates


CFPB Notice CFPB has announced three rulemakings related to threshold adjustments.

15 Oct 2024 3:59 PM | Edith Tella (Administrator)

The first rule is a joint rulemaking between the CFPB, the Federal Reserve Board, and the Office of the Comptroller of the Currency to adjust the threshold for exempting loans from special appraisal requirements under the TILA Higher Priced Mortgage Loan Appraisal rule. This adjustment is effective January 1, 2025.

Read full notice CLICK HERE

New York Association of Mortgage Brokers
P (914) 315-6644 | F (888) 900-1602 | etella@teammgmtsvs.com 
© COPYRIGHT 2018. ALL RIGHTS RESERVED.


NMLS Provider # 1400060