Monday
Nov302015
What's New? Threshold for Smaller Loan Exemption from Appraisal Requirements for Higher-Priced Mortgage Loans
Monday, November 30, 2015 at 3:53PM by Banking Spectrum
The Consumer Financial Protection Bureau (CFPB), Federal Reserve Board, and Office of the Comptroller of the Currency (OCC) announced that the threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans during 2016 will remain $25,500.
Click here to read more in The Gold Book.
Archived In: Compliance, What's New
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