Full text of District Notices (Federal Reserve Bank of Dallas) : Regulation C -- Home Mortgage Disclosure, Circular No. 76-170

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R ESER VE BAN K OF DALLAS
DALLAS. TEXAS

75222
C ircu lar No. 76-170
December 21, 1976

American Revolution Bicentennial

REGULATION C— HOME MORTGAGE DISCLOSURE
B o a r d A p p r o v a l o f L im ited E x e m p tio n s F rom t h e R e q u i r e m e n t s
Of t h e Home M o r tg a g e D i s c l o s u r e A ct a n d t h e B o a r d ' s Im p le m e n tin g
R e g u l a ti o n C f o r C a l i f o r n i a , I l l i n o i s , M a s s a c h u s e t t s , a n d New Y o r k

TO ALL BANKS IN THE
ELEVENTH FEDERAL RESERVE D ISTRICT:
On D e c e m b e r 9, 1976, t h e B o a r d of G o v e r n o r s of t h e F e d e r a l R e s e r v e
S y s t e m a p p r o v e d , w ith c e r t a i n c o n d i t i o n s , a p p l i c a t i o n s from C a l i f o r n i a , I ll in o is ,
M a s s a c h u s e t t s , a n d New Y o r k f o r lim ited e x e m p ti o n s from t h e r e q u i r e m e n t s of t h e
Home M o rtg a g e D i s c l o s u r e A ct a n d R e g u l a ti o n C .
T h e B o a rd a p p r o v e d th e a p p l i c a t i o n s u n d e r p r o v i s i o n s o f t h e A ct
s p e c i f y i n g t h a t w h e r e s t a t e law im p o se s m o r t g a g e a n d hom e im p r o v e m e n t loan
d i s c l o s u r e r e q u i r e m e n t s s u b s t a n t i a l l y s i m i l a r to t h e r e q u i r e m e n t s o f t h e F e d e r a l
A c t, t h e B o a rd m ay g r a n t e x e m p ti o n s fro m t h e r e q u i r e m e n t s of t h e Home M o rtg a g e
D i s c l o s u r e A c t a n d R e g u la tio n C .
D e ta ils o f t h e e x e m p t i o n s w ill b e f u r n i s h e d u p o n r e q u e s t to t h e R e g u l a ­
tio n s D e p a r t m e n t of th i s B a n k (214) 651-6169. T h e e x e m p t i o n s do n o t a p p l y to a n y
f in a n c ia l i n s ti tu t io n lo c a te d in t h e E l e v e n t h F e d e r a l R e s e r v e D i s t r i c t .
S in ce rely y o u r s ,
R o b e r t H . B o y k in

F irs t Vice P re sid en t

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