What's New? Reg Z Dollar Thresholds Increased for 2013

Tuesday, November 27, 2012 at 4:45PM
Banking Spectrum in Compliance, Consumer Lending

The Federal Reserve Board and the Consumer Financial Protection Bureau announced 2013 increases in the dollar thresholds for Regulation Z (Truth-in-Lending) and Regulation M (Consumer Leasing) for exempt consumer credit and lease transactions. 

The following sections of The Gold Book are updated:

High-Cost Mortgages

Truth-in-Lending (Regulation Z) Coverage

Truth-in-Lending (Regulation Z) Exemptions

 

Article originally appeared on Banking Spectrum (https://www.bankingspectrum.com/).