Federal Reserve System June 8, 2007 – Federal Register Recent Federal Regulation Documents

Federal Open Market Committee; Domestic Policy Directive of May 9, 2007
Document Number: E7-11106
Type: Notice
Date: 2007-06-08
Agency: Federal Reserve System, Agencies and Commissions
Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies
Document Number: E7-11091
Type: Notice
Date: 2007-06-08
Agency: Federal Reserve System, Agencies and Commissions
Illustrations of Consumer Information for Nontraditional Mortgage Products
Document Number: 07-2859
Type: Notice
Date: 2007-06-08
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions, Federal Reserve System, National Credit Union Administration, Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury, Office of Thrift Supervision, Comptroller of the Currency
The Agencies are publishing three documents that set forth Illustrations of Consumer Information for Nontraditional Mortgage Products. The illustrations are intended to assist institutions in implementing the consumer protection portion of the Interagency Guidance on Nontraditional Mortgage Product Risks (Interagency NTM Guidance) adopted on October 4, 2006. 71 FR 58609 (Oct. 4, 2006). The illustrations are not model forms and institutions may choose not to use them in providing information to consumers on nontraditional mortgage products as recommended in the Interagency NTM Guidance.