Compliance

CFPB adjusts 2026 HMDA, HPML escrow, and "small creditor" exemption amounts

NEWS:  The Consumer Financial Protection Bureau (CFPB) has released its annual updates to some regulatory exemption amounts that affect credit unions making mortgage loans:

• The asset-size exemptions for collecting Home Mortgage Disclosure Act (HMDA) data, and 
• The asset size limits for lenders to establish HPML escrow accounts and to be considered "small creditors" under certain provisions of Reg. Z.

CFPB updates three regulatory exemption amounts for 2026

CFPB Updates 2026 Dollar Amounts for Credit Card Minimum Interest Disclosures, HOEPA Triggers, and QM Limits

Please share your thoughts on eight pending NCUA regulatory relief proposals

COMMENT CALL:  In 2025, the National Credit Union Administration (NCUA), along with other federal agencies, began a major initiative to review, and revise (as appropriate) all its regulations. The agency wants public input to help with this review, which is designed to ensure that all NCUA rules “are focused on the safety, soundness, or resilience of credit unions.” 

So far, the NCUA is proposing to change or remove eight regulations that it considers obsolete; that duplicate statutory requirements; that are intended to serve as guidance, not requirements; or that are overly burdensome. The NCUA has published two rounds of regulatory relief proposals, each focusing on four rules.
 
The League may comment on these proposals, depending on the feedback we receive from Wisconsin’s credit unions. Please reach out to Paul Guttormsson at The League with your reactions to or thoughts about any of the proposals listed below. We will be sure that our comments reflect your views. Our letters will not identify the credit unions that offer their input to us.