Agencies announce dollar thresholds in Regulations Z and M for exempt consumer credit and lease transactions

Agencies announce Dollar Thresholds in Regulations Z and M for Exempt Consumer Credit and Lease transactions | site |


(Information contained in Board of Governors of Federal Reserve System press release: November 18, 2020)


Agencies announce dollar thresholds in Regulations Z and M for exempt consumer credit and lease transactions

Board of Governors of the Federal Reserve System

Consumer Financial Protection Bureau

Washington, D.C. — The Federal Reserve Board and Consumer Financial Protection Bureau today announced the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) that will apply for determining exempt consumer credit and lease transactions in 2021. These thresholds are set pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) amendments to the Truth in Lending Act and the Consumer Leasing Act that require adjusting the thresho...

U.S. Securities and Exchange Commission Harmonizes and Improves “Patchwork” Exempt Offering Framework | site |




Rule amendments harmonize registration exemptions, eliminating complexity and facilitating access to capital and investment while preserving or enhancing important investor protections


(November 2, 2020) - - Today, November 2, 2020, the U.S. Securities and Exchange Commission published the following information:

Washington D.C., Nov. 2, 2020 — The Securities and Exchange Commission today voted to amend its rules in order to harmonize, simplify, and improve the multilayer and overly complex exempt offering framework. These amendments will promote capital formation and expand investment opportunities while preserving or improving important investor protections.

A core component of our federal regulatory regime is the requirement that all securities offerings be registered with the Commission or qualify...

Agencies Announce Dollar Thresholds in Regulations Z and M for Exempt Consumer Credit and Lease Transactions| site |


Board of Governors of the Federal Reserve System

Consumer Financial Protection Bureau (October 31, 2019) - - Today (October 31, 2019), the Board of Governors of the Federal Reserve System published the following information: The Consumer Financial Protection Bureau (Bureau) and Federal Reserve Board today announced the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) that will apply for determining exempt consumer credit and lease transactions in 2020. These thresholds are set pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) amendments to the Truth in Lending Act and the Consumer Leasing Act that require adjusting these thresholds annually based on the annual percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W)....

Agencies issue Final Rule to Exempt Residential Real Estate Transactions of $400,000 or Less from Appraisal Requirements| site |


Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency (September 27, 2019) - - Today, the Board of Governors of the Federal Reserve System published the following information: The Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency have adopted a final rule that increases the threshold for residential real estate transactions requiring an appraisal from $250,000 to $400,000. The appraisal threshold was last changed in 1994. Given price appreciation in residential real estate transactions since that time, the change will provide burden relief without posing a threat to the safety and soundness of financial institutions. For transactions exempted from the appraisal requirement, the final rule requir...

Federal Banking Agencies Issue Final Rule to Exempt Commercial Real Estate Transactions of $500,000 or Less from Appraisal Requirements

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Washington, DC - - (April 2, 2018) - - The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency issued a final rule that increases the threshold for commercial real estate transactions requiring an appraisal from $250,000 to $500,000. The agencies originally proposed to raise the threshold, which has been in place since 1994, to $400,000, but determined that a $500,000 threshold will materially reduce regulatory burden and the number of transactions that require an appraisal. The agencies also determined that the increased threshold will not pose a threat to the safety and soundness of financial institutions. The final rule allows a financial institution to use an e...