The Board will hold public hearings on predatory lending practices in the homeequity lending market, and invites consumers, consumer advocacy organizations, lenders, and other interested parties to attend and to provide written comments on relevant issues. The hearings will be held pursuant to the Home Ownership and Equity Protection Act of 1994,
On July 12, 2000, the Board published a notice of three public hearings on predatory lending practices in the homeequity lending market, and invited consumers, consumer advocacy organizations, lenders, and other interested parties to attend and to provide written comments on relevant issues. The Board will hold a fourth hearing in Chicago, and is
The Board is proposing amendments to the provisions of Regulation Z (Truth in Lending) that implement the Home Ownership and Equity Protection Act (HOEPA). HOEPA was enacted in 1994, in response to evidence of abusive lending practices in the homeequity lending market. HOEPA imposes additional disclosure requirements and substantive limitations
On June 12, 2000 the Board served a decision to update its computation of the railroad industry's cost of capital for 1999. The composite aftertax cost of capital rate for 1999 is found to be 10.8%, based on a current cost of debt of 7.2%; a cost of common equity capital of 12.9%; a cost of preferred equity capital of 6.3%; and a capital structure
June 5, 2000.
On September 24, 1999, The Options Clearing Corporation (``OCC'') filed with the Securities and Exchange Commission (``Commission'') a proposed rule change (File No. SROCC999) pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act''). \1\ Notice of the proposal was published in the Federal
The Consumer Advisory Council will meet on Thursday, October 26, 2000. The meeting, which will be open to public observation, will take place at the Federal Reserve Board's offices in Washington, DC, in Dining Room E of the Martin Building (Terrace level). The meeting will begin at 8:45 a.m. and is expected to conclude at 1:00
Summary of the Application: Applicants request an order to permit the proposed reorganizations of four series (the ``Acquired Funds'') of The Govett Funds, Inc. (``Govett Funds'') with and into four series of ARK Funds (the ``Acquiring Funds,'' and together with the Acquired Funds, the ``Funds''). Because of certain affiliations, applicants may not
This proposed rule would amend the Medicare regulations to permit Medicare suppliers to furnish upgraded durable medical equipment (DME) on an assignment basis. Medicare payment would be made to the supplier as if the DME were nonupgraded DME; and the beneficiary purchasing or renting the upgraded DME would pay the supplier an amount equal to the
The Defense Information Systems Agency is proposing to add two systems of records notices to its existing inventory of records systems subject to the Privacy Act of 1974, (5 U.S.C. 552a), as amended.
HUD is amending Interpretative Bulletin J-1-76 to remove a paragraph that references an expiration date applicable to one part of the Interpretative Bulletin. After that date the part of the Interpretative Bulletin that permits tires used to transport manufactured homes to be loaded to a maximum of 18 percent above their rated load capacity wouldYears: 20002001200220032004200520062007200820092010201120122013