Are we required to state the MAPR on the periodic statement for the monthly billings on loans that are not exempt? And is it only the MAPR or both MAPR and the APR?

You do not have to state the MAPR to the borrower. They have removed that part from the rule, we are now only required to give the member a generic statement of the MAPR rule. There is no requirement in the rule that states that we have to show them what their current MAPR is at any time.