# Truth in Lending
> **US Federal Reserve System** · Notice of adjustment of dollar amount. · Published 1998-12-08 · Effective 1999-01-01 · 63 FR 67575
## Document
- **Document number:** 98-32460
- **Category:** notice
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 63 FR 67575
- **CFR reference:** 12 CFR 226
- **Publication date:** 1998-12-08
- **Effective date:** 1999-01-01
- **Docket:** Regulation Z
## Abstract

The Board is publishing an adjustment to the dollar amount that triggers certain requirements of Regulation Z (Truth in Lending) for mortgages bearing fees above a certain amount. The Home Ownership and Equity Protection Act of 1994 sets forth rules for home-secured loans in which the total points and fees payable by the consumer at or before loan consummation exceed the greater of $400 or 8 percent of the total loan amount. The Board has annually adjusted the $400 amount based on the annual percentage change reflected in the Consumer Price Index that is in effect on June 1. For 1999, the adjusted dollar amount is $441.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1998/12/08/98-32460/truth-in-lending)
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