# Home Mortgage Disclosure
> **US Federal Reserve System** · Final rule; official staff interpretation. · Published 2008-10-24 · Effective 2009-10-01 · 73 FR 63329
## Document
- **Document number:** E8-25320
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 73 FR 63329
- **CFR reference:** 12 CFR 203
- **Publication date:** 2008-10-24
- **Effective date:** 2009-10-01
- **Docket:** Regulation C
## Abstract

The Board is publishing final rules to amend Regulation C (Home Mortgage Disclosure) to revise the rules for reporting price information on higher-priced loans. The rules are being conformed to the definition of "higher-priced mortgage loan" adopted by the Board under Regulation Z (Truth in Lending) in July of 2008. Since 2004, Regulation C has required lenders to collect and report the spread between the annual percentage rate (APR) on a loan and the yield on Treasury securities of comparable maturity if the spread is equal to or greater than 3.0 percentage points for a first-lien loan (or 5.0 percentage points for a subordinate-lien loan). Under the final rule, a lender will report the spread between the loan's APR and a survey-based estimate of APRs currently offered on prime mortgage loans of a comparable type if the spread is equal to or greater than 1.5 percentage points for a first-lien loan (or 3.5 percentage points for a subordinate-lien loan).

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2008/10/24/E8-25320/home-mortgage-disclosure)
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