{"abstract":"The OCC, the Board and the Bureau are publishing final rules amending the official interpretations for their regulations that implement section 129H of the Truth in Lending Act (TILA). Section 129H of TILA establishes special appraisal requirements for \"higher-risk mortgages,\" termed \"higher-priced mortgage loans\" or \"HPMLs\" in the agencies' regulations. The OCC, the Board, the Bureau, the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA) and the Federal Housing Finance Agency (FHFA) (collectively, the Agencies) issued joint final rules implementing these requirements, effective January 18, 2014. The Agencies' rules exempted, among other loan types, transactions of $25,000 or less, and required that this loan amount be adjusted annually based on any annual percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). If there is no annual percentage increase in the CPI-W, the OCC, the Board and the Bureau will not adjust this exemption threshold from the prior year. Based on the annual percentage decrease in the CPI-W as of June 1, 2015, the exemption threshold will remain at $25,500 through December 31, 2016.","action":"Final rule; official interpretations; technical amendment.","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Office of the Comptroller of the Currency","name":"Comptroller of the Currency","id":80,"url":"https://www.federalregister.gov/agencies/comptroller-of-the-currency","json_url":"https://www.federalregister.gov/api/v1/agencies/80","parent_id":497,"slug":"comptroller-of-the-currency"},{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"},{"raw_name":"BUREAU OF CONSUMER FINANCIAL PROTECTION","name":"Consumer Financial Protection Bureau","id":573,"url":"https://www.federalregister.gov/agencies/consumer-financial-protection-bureau","json_url":"https://www.federalregister.gov/api/v1/agencies/573","parent_id":null,"slug":"consumer-financial-protection-bureau"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2015/11/27/2015-30097.html","cfr_references":[{"chapter":null,"citation_url":null,"part":34,"title":12},{"chapter":null,"citation_url":null,"part":226,"title":12},{"chapter":null,"citation_url":null,"part":1026,"title":12}],"citation":"80 FR 73943","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"This final rule is effective January 1, 2016.","disposition_notes":null,"docket_ids":["Docket No. OCC-2015-0021","Docket No. R-1443"],"dockets":[],"document_number":"2015-30097","effective_on":"2016-01-01","end_page":73945,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2015/11/27/2015-30097.xml","html_url":"https://www.federalregister.gov/documents/2015/11/27/2015-30097/appraisals-for-higher-priced-mortgage-loans-exemption-threshold","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2015-30097?publication_date=2015-11-27","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2015-11-27/2015-30097/mods.xml","not_received_for_publication":null,"page_length":3,"page_views":{"count":4978,"last_updated":"2026-06-27 16:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2015-11-27/pdf/2015-30097.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2015-30097.pdf?1448459169","publication_date":"2015-11-27","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2015/11/27/2015-30097.txt","regulation_id_number_info":{"3170-AA11":{"issue":"201310","html_url":"https://www.federalregister.gov/regulations/3170-AA11/amendments-to-tila-concerning-appraisals-","title":"Amendments to TILA Concerning Appraisals ","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201310&RIN=3170-AA11&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"},"1557-AD99":{"issue":"201510","html_url":"https://www.federalregister.gov/regulations/1557-AD99/appraisals-for-higher-priced-mortgage-loans-exemption-threshold-adjustment","title":"Appraisals for Higher-Priced Mortgage Loans Exemption Threshold Adjustment","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201510&RIN=1557-AD99&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["1557-AD99","3170-AA11"],"regulations_dot_gov_info":{"supporting_documents":[],"comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=CFPB_FRDOC_0001","supporting_documents_count":0,"docket_id":"CFPB_FRDOC_0001","regulation_id_number":null,"title":"Recently Posted CFPB Rules and Notices.","checked_regulationsdotgov_at":"2015-12-17T06:00:12Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":73943,"subtype":null,"title":"Appraisals for Higher-Priced Mortgage Loans Exemption Threshold","toc_doc":"Appraisals for Higher-Priced Mortgage Loans Exemption Threshold","toc_subject":null,"topics":["Advertising","Banks, banking","Consumer protection","Credit","Credit unions","Mortgages","Reporting and recordkeeping requirements","Savings associations"],"type":"Rule","volume":80}