View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

7/25/24, 9:28 AM

FRB: Press Release -- Proposed amendments to Regulation C -- February 19, 1998

Release Date: February 19, 1998

For immediate release
The Federal Reserve Board today published for comment proposed amendments to
its Regulation C, Home Mortgage Disclosure. Comments are requested by April 27.
The proposed amendments would modify the Loan Application Register to prepare
for the Year 2000 data systems conversion. The proposed amendments would require
institutions to enter the date of application and the date action was taken using four
digits for the year as opposed to two digits. The proposal also deletes the requirement
to report the institution's parent company on the Transmittal Sheet, and makes other
technical changes.
The Board's notice is attached.
Summary only | Summary and proposed rule (35 KB PDF)
1998 Banking and consumer regulatory policy
Home | News and events
Accessibility
Last update: February 24, 1998, 11:30 AM

https://www.federalreserve.gov/boarddocs/press/boardacts/1998/19980219/

1/1