Agencies Announce Dollar Thresholds for Smaller Loan Exemption from Appraisal Requirements for Higher-priced Mortgage Loans
Why this matters
The announcement confirms a binding change to the dollar threshold (from $33,500 to $34,200) in the appraisal requirements for higher-priced mortgage loans, effective January 1, 2026, and is therefore classified as a final rule. It is a technical, formulaic adjustment under the Truth in Lending Act implementing rules, so it scores low on significance. The text addresses only mortgage appraisal exemptions, so the sector is Mortgage & Lending and the topic is consumer protection. Firm types are limited to creditors that originate higher-priced mortgages, as the text does not identify other categories.
AI-generated classification rationale, not a full analysis. Verify with the original CFPB source before acting. Full disclaimer.
What the CFPB said
The CFPB, FRB, and OCC are announcing that the 2026 threshold for higher-priced mortgage loans that are subject to special appraisal requirements will increase from $33,500 to $34,200.
Published by CFPB . Read the full notice at the source for the authoritative text.
Context
Consumer Financial Protection Bureau (CFPB) — US consumer protection regulator for financial products and services. We track 23 updates from them.
US financial regulation is overseen by multiple agencies including the SEC, CFTC, Federal Reserve, OCC and FDIC. Browse all United States updates.
This update is classified under Consumer Protection / Conduct and Mortgage & Lending.