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Home Mortgage Disclosure

Fed · final-rule · Published 2010-12-23 · Effective 2011-01-01 · 75 FR 80675

Document

Document number
2010-32210
Federal Register citation
75 FR 80675
CFR reference
12 CFR 203
Type
Rule
Action
Final rule; staff commentary.
Category
final-rule
Agency
US Federal Reserve System
Publication date
2010-12-23
Effective date
2011-01-01
Docket
Regulation C

Abstract

The Board is publishing a final rule amending the staff commentary that interprets the requirements of Regulation C (Home Mortgage Disclosure). The staff commentary is amended to increase the asset-size exemption threshold for depository institutions based on the annual percentage change in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPIW). The adjustment from $39 million to $40 million reflects the increase of that index by 2.21 percent during the twelve-month period ending in November 2010. Thus, depository institutions with assets of $40 million or less as of December 31, 2010 are exempt from collecting data in 2011.

Source

Authoritative
Federal Register document
Machine
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