Regulation Z (Truth in Lending) and Regulation C (Home Mortgage Disclosure) Amendments to the Regulations: Amendments to the Regulations

Details

• Publisher's site:
  https://www.fdic.gov/
• Corporate Authors:
  Federal Deposit Insurance Corporation (FDIC)
• Description:
  The closed-end mortgage provisions of Regulation Z, which implement the Truth in Lending Act and the Home Ownership and Equity Protection Act, have been amended. Among other changes, these provisions now include consumer protections specific to "higher-priced mortgage loans." The compilation and reporting of loan data provisions of Regulation C, which implements the Home Mortgage Disclosure Act, now conform to the definition of higher-priced mortgage loans under Regulation Z. The amendments to Regulations Z (with limited exceptions) and C take effect on October 1, 2009.
• Subject:
  Consumer Protection
• Dataset Download URL:
  https://www.fdic.gov/news/financial-institution-letters/2008/fil08134.html
• Format:
  PDF
• Release Date:
  12/02/2008
• Update Date:
  11/26/2018
• Withdrawn Date:
  12/01/2018
• Agencies Involved:
  Federal Deposit Insurance Corporation (FDIC) ; Board of Governors of the Federal Reserve System (The Fed)
• Fdic Employee Involved:
  Glenn S. Gimble
• Law Involved:
  Truth in Lending Act (TILA) ; Home Ownership and Equity Protection Act (HOEPA) ; Home Mortgage Disclosure Act (HMDA)
• Related Regulation:
  Regulation Z ; Regulation C
• Source:
  FDIC Website
• Memorandum To:
  FDIC-supervised Banks (Commercial and Savings)
• FIL Number:
  FIL-134-2008
• Main Document Checksum:
  urn:sha256:837a2c4a1aa5079214c9d09ff212b7824612d046cf9e1715158515154740a523
• Download URL:
  https://archive.fdic.gov/view/fdic/7258/fdic_7258_DS1.pdf
• File Type:
  [PDF - 784.95 KB ]