Regulatory Alerts2021-10-25
Added · Updated
CA 21-14: Revised Interagency Examination Procedures for Regulation Z
The Board of Governors of the Federal Reserve System issued this letter to distribute revised interagency examination procedures for Regulation Z to community banking organizations with total consolidated assets of $10 billion or less. These updated procedures supersede CA Letter 21-3 and incorporate amendments to the Truth in Lending Act published by the Consumer Financial Protection Bureau in 2020 and 2021. The revisions specifically address permanent changes to qualified mortgage provisions and extend the sunset date for the GSE Patch to October 1, 2022.