- Public Inspection
Removal of Transferred OTS Regulations Regarding Certain Subordinate Organizations of State Savings Associations
In order to streamline Federal Deposit Insurance Corporation (FDIC) regulations, the FDIC proposes to rescind and remove from the Code of Federal Regulations (CFR) regulations entitled Subordinate Organizations that were transferred to the FDIC from the Office of Thrift Supervision (OTS) on July 21, 2011, in connection with the implementation of...
Qualified Mortgage Definition Under the Truth in Lending Act (Regulation Z): Extension of Sunset Date
With certain exceptions, Regulation Z requires creditors to make a reasonable, good faith determination of a consumer's ability to repay any residential mortgage loan, and loans that meet Regulation Z's requirements for ``qualified mortgages'' (QMs) obtain certain protections from liability. One category of QMs consists of loans that are...