Sep 22, 2020· Comment Submitted by Damon Smith, Credit Union National Association· CFPB-2020-0023-0019
Filed on regulations.gov — full text not in the inline record.
CFPBRulemakingCFPB-2020-0023
Higher-Priced Mortgage Loan Escrow Exemption (Regulation Z)
RIN
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Credit Union National Association filings
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Credit Union National Association filed 1 comment on this docket between Sep 22, 2020 and Sep 22, 2020. 0 other organizations filed here. The comment window closed 2136d ago.
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Abstract
The Bureau of Consumer Financial Protection (Bureau) is proposing to amend Regulation Z, which implements the Truth in Lending Act, as mandated by section 108 of the Economic Growth, Regulatory Relief, and Consumer Protection Act. The amendments would exempt certain insured depository institutions and insured credit unions from the requirement to establish escrow accounts for certain higher-priced mortgage loans.
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