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Threshold Amount Remains Unchanged for Exemption from Appraisal Requirements for Higher-Priced Mortgages

The Consumer Financial Protection Bureau, the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency announced that the threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans during 2016 will remain at $25,500.

Primary Sources

  1. OCC Press Release

Tags

Regulated Activities
Valuation and Appraisal
Regulated Products
Real Estate / Mortgages
Body of Law
Banking Law
Jurisdiction
US - Federal
Organization
US Banking Regulators
Sub-Author
CFPB, Federal Reserve Board, Comptroller