United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2017_register executive 2017-12-27 article Rules and Regulations D09002ee1c7ee12d9 D09002ee1c7ee1544 United States Bureau of Consumer Financial Protection originator org United States Government Agency or Subagency The Bureau of Consumer Financial Protection (Bureau) is issuing a final rule amending the official commentary that interprets the requirements of the Bureau's Regulation C (Home Mortgage Disclosure) to reflect the asset-size exemption threshold for banks, savings associations, and credit unions based on the annual percentage change in the average of the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Based on the 2.1 percent increase in the average of the CPI-W for the 12-month period ending in November 2017, the exemption threshold is adjusted to increase to $45 million from $44 million. Therefore, banks, savings associations, and credit unions with assets of $45 million or less as of December 31, 2017, are exempt from collecting data in 2018. 82 FR 61145 https://www.govinfo.gov/app/details/FR-2017-12-27/2017-27879 2017-27879 fr27de17-7 4810-AM-P https://www.govinfo.gov/app/details/FR-2017-12-27/2017-27879 https://www.govinfo.gov/content/pkg/FR-2017-12-27/html/2017-27879.htm https://www.govinfo.gov/content/pkg/FR-2017-12-27/pdf/2017-27879.pdf Banking Banks Credit Unions Mortgages National Banks Reporting and Recordkeeping Requirements Savings Associations 3 p. 61145 61147 82 FR 61145 Title 12 Part 1003 12 CFR Part 1003 Home Mortgage Disclosure (Regulation C) Adjustment to Asset-Size Exemption Threshold; Federal Register Vol. 82, Issue RULE 2017-27879 BUREAU OF CONSUMER FINANCIAL PROTECTION 2018-01-01 4810-AM-P 2017-27879 Final rule; official commentary.

The Bureau of Consumer Financial Protection (Bureau) is issuing a final rule amending the official commentary that interprets the requirements of the Bureau's Regulation C (Home Mortgage Disclosure) to reflect the asset-size exemption threshold for banks, savings associations, and credit unions based on the annual percentage change in the average of the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Based on the 2.1 percent increase in the average of the CPI-W for the 12-month period ending in November 2017, the exemption threshold is adjusted to increase to $45 million from $44 million. Therefore, banks, savings associations, and credit unions with assets of $45 million or less as of December 31, 2017, are exempt from collecting data in 2018.

This final rule is effective January 1, 2018. Monique Chenault, Paralegal Specialist, Office of Regulations, Consumer Financial Protection Bureau, 1700 G Street NW, Washington, DC 20552, at (202) 435-7700. Banking Banks Credit Unions Mortgages National Banks Reporting and Recordkeeping Requirements Savings Associations Home Mortgage Disclosure (Regulation C) Adjustment to Asset-Size Exemption Threshold , Vol. 82, no. 247 Office of the Federal Register, National Archives and Records Administration 2017-12-27 continuing daily deposited born digital 325 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2017-12-27 P0b002ee197ded2c2 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr27de17 https://www.govinfo.gov/app/details/FR-2017-12-27 https://www.govinfo.gov/content/pkg/FR-2017-12-27/pdf/FR-2017-12-27.pdf https://www.govinfo.gov/content/pkg/FR-2017-12-27/xml/FR-2017-12-27.xml fdlp 61129 61442 DGPO 2017-12-27 2024-06-01 FR-2017-12-27 machine generated eng FR FR-2017-12-27 82 247