State Regulators Support Proposed Changes To Truth-in-Lending Regulation
National organizations representing state financial regulators have registered their general support of the Federal Reserve Board’s proposed changes to Regulation Z.
In a comment the Conference of State Bank Supervisors (CSBS), joined the American Association of Residential Mortgage Regulators and the National Association of Consumer Credit Administrators, to weigh in on proposed changes dealing with closed-end mortgage transactions and HELOC (home equity line of credit) transactions.