CFPB Proposes Amendments to TILA Higher-Priced Mortgage Loan Escrow Rule

July 02, 2020

The CFPB issued a Notice of Proposed Rulemaking (NPRM) to add a new exemption from the requirement to establish escrow accounts for certain higher-priced mortgage loans (HPMLs); comments are due 60 days after the proposed rule is published in the Federal Register.

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