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CFPB | RIN: 3170-AA64 | Publication ID: Fall 2017 |
Title: Technical Corrections and Clarifying Amendments to Home Mortgage Disclosure Act (Regulation C) | |
Abstract:
In October of 2015, the Bureau issued a final rule amending Regulation C to implement amendments to the Home Mortgage Disclosure Act made by the Dodd-Frank Act. Since issuing the rule, the Bureau has identified and received information about some technical errors in the final rule and indicating that there are some areas of uncertainty about certain requirements under the final rule. In 2017, the Bureau issued two proposed rules to amend certain provisions of Regulation C to make technical corrections and to clarify certain requirements under Regulation C and to increase the threshold for reporting open-end lines of credit temporarily. The Bureau issued a final rule on August 24, 2017 that finalized both proposed rules. |
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Agency: Consumer Financial Protection Bureau(CFPB) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
Major: No | Unfunded Mandates: No |
EO 13771 Designation: Independent agency | |
CFR Citation: 12 CFR 1003 | |
Legal Authority: 12 U.S.C. 2804 |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Related RINs: Related to 3170-AA76 | |
Agency Contact: Terry J. Randall Office of Regulations Consumer Financial Protection Bureau Washington, DC 20552 Phone:202 435-7700 |