Federal Agencies Announce Threshold for Smaller Loan Exemption

October 14, 2022

National Mortgage Professional, Oct. 14, 2022–Sarah Wolak
The Consumer Financial Protection Bureau, the Federal Reserve Board, and the Office of the Comptroller of the Currency today announced that the 2023 threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans will increase from $28,500 to $31,000.
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