Regulation C Policy Template Update

Product Update Notification - 11/18/08

Bankpolicies.com is proud to announce the immediate availability of our revised Regulation C Policy Template product.

This revision is in response to the Federal Reserve Press Release dated October 20, 2008 that approved final amendments to Regulation C that revise the rules for reporting price information on higher priced mortgage loans. The changes are intended to improve the accuracy and usefulness of data reported under the Home Mortgage Disclosure Act (HMDA).

http://www.federalreserve.gov/newsevents/press/bcreg/20081020b.htm

What's New, Revised and Deleted

Click here to review detailed subject matter regarding this updated product.

Product Contents

Purpose and Contents - Topic 1

Policy Statement - Topic 2

Regulatory Background and Requirements - Topic 3

Definitions - Topic 4

Compilation of Loan Data - Topic 5

Disclosure and Reporting - Topic 6

Enforcement - Topic 7

Audit Policy - Topic 8

Staff Training - Topic 9

Retention of Documentation - Topic 10

Includes the following form template:

Government Monitoring Form (1 page)

Ordering Information

This product is available to purchase from Bankpolicies.com for:

$150.00 - List Price

- or -

$25.00* - Update Price

*Applies only to clients who have purchased our Regulation C Policy Template within the last three years.

If you have ordered this product after 10/18/08 you are eligible to receive the product update at no charge.

Click here to place an order for this product. Clients who are eligible for our Legacy Rewards Volume Discount can apply their applicable discount level to the list or update price (whichever applies).

NOTE: Refer to our Place an Order page for important information regarding payment terms and our return policy. Orders placed for Product Updates are only available directly through Bankpolicies.com.

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