Details:

Publisher's site:
https://www.fdic.gov
Corporate Authors:
Federal Deposit Insurance Corporation (FDIC)
Description:
On January 18, 2013, the Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, the National Credit Union Administration, the Office of the Comptroller of the Currency, the Federal Housing Finance Agency, and the Consumer Financial Protection Bureau (CFPB) issued a final rule that establishes new appraisal requirements for higher-priced mortgage loans. Under the Dodd-Frank Wall Street Reform and Consumer Protection Act, mortgage loans are higher priced if they are secured by a consumer's home and have interest rates above certain thresholds. In addition, a number of important changes to CFPB mortgage-related rules also are underway, and the FDIC is making available to the public several resources addressing these changes.
Subject:
[+]
Lending / Investments
Dataset Download URL:
https://www.fdic.gov/news/financial-institution-letters/2013/fil13011.html
Format:
PDF
Release Date:
03/18/2013
Update Date:
11/14/2018
Withdrawn Date:
12/01/2018
Agencies Involved:
Federal Deposit Insurance Corporation (FDIC);Board of Governors of the Federal Reserve System (The Fed);National Credit Union Administration (NCUA);Office of the Comptroller of the Currency (OCC);Federal Housing Finance Agency (FHFA);Consumer Financial Protection Bureau (CFPB);U.S. Department of the Treasury;
Fdic Employee Involved:
Beverlea S. Gardner;Matthew Homer;
Law Involved:
Dodd-Frank Wall Street Reform and Consumer Protection Act;Truth in Lending Act;Real Estate Settlement Procedures Act;
Related Regulation:
Regulation Z;Regulation X;
Source:
FDIC Website
Memorandum To:
FDIC-Supervised Banks (Commercial and Savings)
Effective Date:
01/18/2014
FIL Number:
FIL-11-2013
Main Document Checksum:
[+]
urn:sha256:f0c36669071970a0e1b1ebcf8bc82f2bc948753f1cb1f04e57168d9ce3793b5b
Download URL:
https://archive.fdic.gov/view/fdic/7001/fdic_7001_DS1.pdf
File Type:

Supporting Files

• Resource List for Tracking Changes in Mortgage-Related Rulemakings\t

  pdf

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