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Truth in Lending

Fed · final-rule · Published 2011-03-02 · Effective 2011-04-01 · 76 FR 11319

Document

Document number
2011-4384
Federal Register citation
76 FR 11319
CFR reference
12 CFR 226
Type
Rule
Action
Final rule; official staff commentary.
Category
final-rule
Agency
US Federal Reserve System
Publication date
2011-03-02
Effective date
2011-04-01
Docket
Regulation Z

Abstract

The Board is publishing a final rule to amend Regulation Z, which implements the Truth in Lending Act (TILA). The final rule implements Section 1461 of the recently enacted Dodd-Frank Wall Street Reform and Consumer Protection Act. Section 1461 amends TILA to provide a separate, higher rate threshold for determining when the Board's escrow requirement applies to higher-priced mortgage loans that exceed the maximum principal obligation eligible for purchase by Freddie Mac.

Source

Authoritative
Federal Register document
Machine
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