TILA Escrow Rule - What loans does the TILA Escrow Rule cover?

Compliance > Regulation Z - TILA > Escrow Rule, Eff. June 2013
Q:  What loans does the TILA Escrow Rule cover? (§  1026.35(b)(1))

A:  The TILA Escrow Rule applies generally to first-lien, higher-priced mortgage loans (see “What is a higher-priced mortgage loan (HPML)?” on page 15) secured by a consumer’s principal dwelling, subject to certain exceptions described below.


This can be found in the CFPB's TILA Escrow Rule, Small Entity Compliance Guide - http://www.consumerfinance.gov/regulatory-implementation/

Add Feedback