Final rule--amendment to Regulation C. (Legal Developments).
Effective January 1, 2002, 12 C.F.R. Part 203 is amended as follows:
Part 203--Home Mortgage Disclosure (Regulation C)
1. The authority citation for Part 203 continues to read as follows:
Authority: 12 U.S.C. 2801-2810.
2. In Supplement I to Part 203, under Section 203.3--Exempt Institutions, under 3(a) Exemption based on location, asset size, or number of home-purchase loans, paragraph 2 is revised to read as follows:
Supplement I to Part 203--Staff Commentary
Section 203.3--Exempt Institutions
3(a) Exemption based on location, asset size, or number of home-purchase loans.
2. Adjustment of exemption threshold for depository institutions. For data collection in 2002, the asset-size exemption threshold is $32 million. Depository institutions with assets at or below $32 million are exempt from collecting data for 2002.
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|Title Annotation:||home mortgage disclosure|
|Publication:||Federal Reserve Bulletin|
|Article Type:||Brief Article|
|Date:||Feb 1, 2002|
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