Section 32 Annual Threshold Adjusted for 2013 - What is the HOEPA points and fee trigger for 2013 under section 32 of Regulation Z?

Compliance > Regulation Z - TILA
Q:  What is the HOEPA points and fee trigger for 2013 under section 32 of Regulation Z?

A:  The points and fee trigger in Section 32 of Regulation Z is adjusted annually based on changes in the Consumer Price Index.  Effective January 1, 2013, this threshold has been increased from $611 to $625 for 2013.

The annual adjustment was published in the Federal Register and can be found here: 

http://files.consumerfinance.gov/f/20211_cfpb_HOEPA_Threshold_Adjustment.pdf

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