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 July 2, 2020, the Bureau issued a notice of proposed rulemaking (NPRM) to add a new exemption from the requirement to establish escrow accounts for certain higher-priced mortgage loans. You can access an showing the changes to the regulation and official commentary proposed in the NPRM. The Bureau also issued a press release accompanying the NPRM.
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