Troutman Sanders

OCTOBER 28, 2021

Specifically, the final rule provides for the following adjustments: For open-end consumer credit plans under TILA, the threshold that triggers requirements to disclose minimum interest charges will remain unchanged at $1.00 The rule takes effect on January 1, 2022. 8% of the total loan amount for a loan amount less than $14,356.

Loans 52

Loans Credit Unions Credit Unions Consumer Credit 52

Troutman Sanders

JUNE 14, 2023

On June 8, the board of governors for the Federal Reserve (the Fed), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), National Credit Union Administration (NCUA), and the OCC requested public comment on proposed guidance addressing reconsiderations of value (ROV) for residential real estate transactions.

Financial services 52

Financial services Financial Institution Student loans Student Loans 52

Troutman Sanders

JANUARY 17, 2023

The bulletin also discusses the “shadow financial” functions enabled by crypto markets, which share many of the vulnerabilities of traditional finance. The proposals will modify the cost and delivery of care so that no New Yorker will not “have to choose between their health and their financial security.”

Financial services 52

Financial services Student loans Student Loans Education 52