Proposed amendments to Regulation Z MortgagePress.comFederal Reserve, Regulation Z, HMDA, Mortgage Disclosure Improvement Act of 2008
The Federal Reserve has proposed amendments to Regulation Z to
implement the requirements of the Mortgage Disclosure Improvement
Act of 2008 (MDIA), which was enacted by Congress on July 30, 2008
and includes additional early disclosure requirements. The proposed
rule only addresses the provisions of MDIA that become effective
July 30, 2009.
The comment period for the proposed rule is open until January
23, 2009. The Federal Reserve welcomes comments on the proposed
amendments, identified by Docket No. R-1340, by any of the
• Agency Web Site: www.federalreserve.gov.
Follow the instructions for submitting comments at
• Federal eRulemaking Portal: www.regulations.gov. Follow
the instructions for submitting comments.
The full text of the proposed rule can be accessed on the
Federal Reserve's Web site by clicking