CFPB Announces Annual Threshold Adjustments for Credit Cards and Mortgages
Troutman Sanders
SEPTEMBER 19, 2023
For HOEPA loans, the adjusted total loan amount threshold for high-cost mortgages in 2024 will be $26,092, and the adjusted points and fees dollar trigger for high-cost mortgages in 2024 will be $1,305. For qualified mortgages (QMs) under the General QM loan definition in §1026.43(e)(2),
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