Fed Proposes Reg Z

The Federal Reserve today proposed changes in Regulation Z, truth in lending, to protect consumers from unfair or deceptive home mortgage lending.

  • 18 Dec 2007

--Cathy Cunningham

The Federal Reserve today proposed changes in Regulation Z, truth in lending, to protect consumers from unfair or deceptive home mortgage lending. The rule would be adopted under the Home Ownership and Equity Protection Act, restrict certain practices and require certain disclosures earlier in the transaction. “We ...

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