Rules governing escrows for higher priced mortgages
Resources to help industry participants understand, implement, and comply with the TILA Higher-Priced Mortgage Loan (HPML) escrow rule.
On January 19, 2021, the Bureau issued a final rule to add a new exemption from the requirement to establish escrow accounts for certain higher-priced mortgage loans. You can access the final rule , an executive summary of the final rule , an unofficial redline showing the changes to the regulation and official interpretations in the final rule , an updated Small Entity Compliance Guide , and the Bureau’s press release accompanying the final rule here.
Browse TILA higher-priced mortgage loans escrow rules to see specific amendments made by each final rule to Regulation Z.
Regulations and official interpretations
Browse Regulation Z (12 CFR 1026) on: Interactive Bureau Regulations |
Main TILA HPML Escrow rule provisions and official interpretations can be found in:
- § 1026.35, Requirements for higher-priced mortgage loans.
- Supplement I to Part 1026 (including official interpretations for the above provision)
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Small entity compliance guide
Supervision and examination materials
Guides to how the Bureau will supervise and examine entities under its jurisdiction for compliance with Federal consumer financial law.
See the TILA examination procedures
See the mortgage origination examination procedures
, version 4.0