HPML Escrow Exemption Effective Today!!

The CFPB’s Final Rule that expands the eligibility to be exempt from the HPML escrow requirements was published in the Federal Register.  This means the new exemption becomes effective TODAY for institutions with assets of no more than $10 billion that meet a loan origination volume threshold; a rural/underserved area service test, as well as a test on maintaining escrow accounts. 

For more details, join us later TODAY for The New HPML Escrow Exemption Final Rule!

Published
2021/02/17

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