3170-AA76 201710 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 3170 Consumer Financial Protection Bureau CFPB Home Mortgage Disclosure (Regulation C) Increase in Institutional and Transactional Coverage Thresholds for Open-End Lines of Credit

The Bureau of Consumer Financial Protection (Bureau) acted in August 2017 to amend Regulation C to increase the threshold for collecting and reporting data with respect to open-end lines of credit for a period of 2 years so that financial institutions originating fewer than 500 open-end lines of credit in either of the preceding 2 years would not be required to begin collecting such data until January 1, 2020. The Bureau intends to conduct follow up rulemaking in the interim period to consider whether to make permanent adjustments to the threshold.

 

]]> Substantive, Nonsignificant First Time Published in The Unified Agenda Final Rule Stage Undetermined No Independent agency 12 CFR 1003.2 and 1003.3 12 U.S.C. 2801 to 2810 No NPRM 04/02/2017 82 FR 19142 NPRM Comment Period End 05/25/2017 Final Rule 09/13/2017 82 FR 43088 Final Rule Effective 01/01/2018 NPRM 12/00/2018 No Businesses None No No No No 3170-AA64 Related to Alexandra Reimelt Office of Regulations 3170 Consumer Financial Protection Bureau CFPB 202 435-7700 Washington DC 20552