Federal Reserve System August 4, 2010 – Federal Register Recent Federal Regulation Documents

Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: 2010-19106Filed
Type: Notice
Date: 2010-08-04
Agency: Federal Reserve System, Agencies and Commissions
Formations of, Acquisitions by, and Mergers of Bank Holding Companies
Document Number: 2010-19106
Type: Notice
Date: 2010-08-04
Agency: Federal Reserve System, Agencies and Commissions
Truth in Lending
Document Number: 2010-19101
Type: Rule
Date: 2010-08-04
Agency: Federal Reserve System, Agencies and Commissions
The Board is publishing a final rule amending the staff commentary that interprets the requirements of Regulation Z (Truth in Lending). The Board is required to adjust annually the dollar amount that triggers requirements for certain home mortgage loans bearing fees above a certain amount. The Home Ownership and Equity Protection Act of 1994 (HOEPA) sets forth rules for home-secured loans in which the total points and fees payable by the consumer at or before loan consummation exceed the greater of $400 or 8 percent of the total loan amount. In keeping with the statute, the Board has annually adjusted the $400 amount based on the annual percentage change reflected in the Consumer Price Index as reported on June 1. The adjusted dollar amount for 2011 is $592.
Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies
Document Number: 2010-19070
Type: Notice
Date: 2010-08-04
Agency: Federal Reserve System, Agencies and Commissions