Threshold Adjustments (‘Tis the Season)
The 2017 threshold for exempt consumer credit transactions under Reg. Z hasĀ been announced. So has the threshold for appraisals for higher-price mortgage loans. The threshold for consumer leasing under Reg. M has likewise been announced. And while the agencies were at it, they finalized a rule for determining how that consumer leasing threshold adjustment will be calculated going forward. And while they were at finalizing threshold rules, they issued a final rule for how the threshold for exempting small loans from special appraisal requirements will be calculated going forward and set the threshold for 2017. [11/28/16]


