Comments due on FRB proposal to rescind its Regulation C

The FRB is proposing to rescind its Regulation C (Home Mortgage Disclosure), 12 CFR Part 203. The Dodd-Frank Act transferred rule writing authority for the Home Mortgage Disclosure Act (HMDA) to the CFPB, which has issued its own Regulation C (12 CFR Part 1003). Comments on the Fed's proposal are due 60 days from publication (April 27, 2016).