CFPB has published a notice announcing the availability of a revised methodology statement, entitled the Methodology for Determining Average Prime Offer Rates. The methodology statement describes the methodology used to calculate average prime offer rates (APORs) for purposes of Regulation C and Regulation Z. The Bureau removed from the methodology statement the references to the sources of survey data used to calculate APORs. The notice may be viewed here. Federal Register, Vol. 81, No. 181, 09/19/2016, 64142.
By, Eric Skrum