The CFPB is required to calculate annually the dollar amounts for several provisions in Regulation Z. Accordingly, the CFPB adopted a final rule that reviews the dollar amounts for provisions implementing amendments to TILA under the Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act), the Home Ownership and Equity Protection Act of 1994 (HOEPA), and the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) and adjusts those amounts, where appropriate, based on the annual percentage change reflected in the Consumer Price Index in effect on June 1, 2014. This amended rule becomes effective on January 1, 2015. To view the final rule, click here.
