Bureau of Consumer Financial Protection March 25, 2016 – Federal Register Recent Federal Regulation Documents
Results 1 - 1 of 1
Operations in Rural Areas Under the Truth in Lending Act (Regulation Z); Interim Final Rule
This interim final rule amends certain provisions of Regulation Z in light of title LXXXIX of the Fixing America's Surface Transportation Act, entitled the Helping Expand Lending Practices in Rural Communities Act, Public Law 114-94. The amendments to Regulation Z concern two matters: The eligibility of certain small creditors that operate in rural or underserved areas for special provisions that permit the origination of balloon-payment qualified mortgages and balloon-payment high cost mortgages and for an exemption from the requirement to establish an escrow account for higher-priced mortgage loans and the determination of whether an area is rural for the purposes of Regulation Z.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.