CFPB Alters Threshold For Exempting Loans From Special Appraisal Requirements

National Mortgage Professional, Dec. 2, 2021–Katie Jensen
The Consumer Financial Protection Bureau, the Federal Reserve Board, and the Office of the Comptroller of the Currency announced the 2022 threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans will increase from $27,200 to $28,500.