December 2020 Updates
Thu January 07, 2021
As previously mentioned, 2021 thresholds were updated within the Loans & Leasing Channel topics: Ability to Repay, HMDA and HOEPA. There were no changes to Credit Card fees or Appraisal limits for 2021. In the Accounts channel, Reserve Requirements – Regulation D was revised to comply with the updated Federal Reserve Requirements.
A new Risk Alert, “Prepare for Inclement Weather and the Potential Hazards That Come with It” was also added.
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