The Consumer Financial Protection Bureau (CFPB) recently issued a final rule amending dollar thresholds for multiple provisions of Regulation Z, which implements the Truth in Lending Act (TILA).
The thresholds apply to the Credit Card Accountability Responsibility and Disclosure (CARD) Act, the Home Ownership and Equity Protection Act (HOEPA) and Qualified Mortgage (QM) loans.
Read on to learn more details about the amended thresholds.