In the January 31, 2019, issue of the Federal Register (Vol. 84, No. 513, click here) the Bureau of Consumer Financial Protection published a final rule amending the official staff commentary in Supplement I to Regulation C (12 CFR part 1003), which implements the Home Mortgage Disclosure Act, to reflect a change in the asset-size exemption threshold for banks, savings associations, and credit unions. The exemption threshold has been adjusted to increase to $46 million from $45 million. The adjustment is based on the 2.6 percent increase in the average of the CPI–W (i.e., the Consumer Price Index for Urban Wage Earners and Clerical Workers) for the twelve-month period ending in November 2018. Therefore, banks, savings associations, and credit unions with assets of $46 million or less as of December 31, 2018, are exempt from collecting data in 2019


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