Latest Lending - Reg. E Topics

Like Truth in Lending, the rules on HMDA never seem to stay put for more than a year. Keeping up the tradition of annual changes, the Federal Reserve Board has proposed changes to Regulation C.

If compliance specialists got a nickel for each time they answered a question on what loans are covered by which regulations or rules, we'd all be in a higher tax bracket.

The Federal Reserve Board has published for comment regulations to implement the 1996 amendments to the Equal Credit Opportunity Act.

RESPA and Regulation X apply to all federally related mortgage loans, loans secured by a one- to four-family dwelling. The dwelling that secures the loan need not be the applicant's.

The Home Ownership and Equity Protection Act of 1994 requires the Federal Reserve Board to adjust the total amount of "total points and fees" paid by the borrower that triggers the additional discl