Original Source Material
The Bureau is required to calculate annually the dollar amounts for several provisions in Regulation Z; this final rule revises dollar amounts for certain provisions implementing TILA and amendments to TILA.
Truth in Lending (Regulation Z) Annual Threshold Adjustments (Credit Cards, HOEPA, and Qualified Mortgages)
Use this page to get oriented quickly.
The brief below is a reading aid. The original source material and source link remain the governing reference.
Operational Brief
The Bureau has revised the dollar amounts for certain provisions in Regulation Z implementing Truth in Lending Act (TILA), including adjustments for credit cards, Home Ownership and Equity Protection Act (HOEPA) loans, and Qualified Mortgages. These changes take effect on January 1, 2024.
Why It Matters for Texas Credit Unions
The article does not explicitly mention Texas or any Texas-specific entities. The changes are applicable nationwide.
Bounded site guidance: This item is most likely relevant for credit unions with meaningful mortgage, home-equity, or consumer-real-estate activity.
Why this fit: The source language points to lending, mortgage, or fair-lending activity that usually matters most where those programs are active.
This is site guidance, not a formal determination. CFPB Final Rules and the original source material remain the governing reference.
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