The adjusted points and fees dollar trigger for high-cost mortgages (§ 1026.32(a)(1)(ii)(B)) for the year 2022 will be $1,148, an increase from $1,103 in 2021. HOEPA (§ 1026.32(a)(1)(ii) and Comments 32(a)(1)(ii)-1 and -3): For HOEPA loans, the adjusted total loan amount threshold for high-cost mortgages for the year 2022 will be $22,969, an increase from $22,052 in 2021.

The adjusted dollar amount for the safe harbor for a subsequent violation penalty fee (§ 1026.52(b)(1)(ii)(B)) will increase to $41 for the year 2022. Safe Harbor Penalty Fees (§ 1026.52(b)(1)(ii)(A) and (B) and Comment 52(b)(1)(ii)-2.i): For open-end consumer credit plans under the CARD Act amendments to TILA (§ 1026.52(b)(1)(ii)(A)), the adjusted dollar amount for the safe harbor for a first violation penalty fee will increase to $30 for the year 2022.Minimum Interest Charge Disclosure Thresholds (§§ 1026.6(b)(2)(iii) and 1026.60(b)(3)): For all open-end consumer credit plans under the Truth in Lending Act (TILA), the threshold that triggers requirements to disclose minimum interest charges will remain unchanged at $1.00 for the year 2022.Credit Card/Open-end Annual Adjustments.The annual threshold adjustments are as follows:

The adjusted thresholds will go into effect January 1, 2022. The CFPB has adjusted the dollar amounts, where appropriate, based on the annual percentage change reflected in the Consumer Price Index (CPI) in effect June 1, 2021. 2 These include provisions in 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 of 2010 (Dodd-Frank Act). 1 The CFPB is required to calculate the dollar amounts for several provisions in Regulation Z each year. On November 2, 2021, the Consumer Financial Protection Bureau (CFPB) published its Truth in Lending (Regulation Z) Annual Threshold Adjustments (Credit Cards, HOEPA, and Qualified Mortgages) Final Rule in the Federal Register (opens new window). Dear Boards of Directors and Chief Executive Officers:

Qm points and fees limits 2020