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HOEPA 2010 Annual Threshold Figure

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Question: 
Could you please tell me what the HOEPA 2010 Annual threshold figure is?
Answer: 

You can always find the current threshold figure in Comment 32(a)(1)(ii)-2 to Regulation Z. Each year The Fed adds a new sub-paragraph to the comment. The number for 2010 is in sub-paragraph xv. The 2010 figure, $579, represents the first decrease in the trigger number in the history of section 32.

First published on BankersOnline.com 7/05/10

First published on 07/05/2010

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