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FDIC Federal Register Citations

[April 25, 1997 (Volume 62, Number 80)]
[Unified Agenda]
From the Federal Register Online via GPO Access [frwais.access.gpo.gov]
[Page 22652-22653]
 
Part LI
 
Federal Deposit Insurance Corporation
_______________________________________________________________________
 
FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC)           Final Rule Stage
_______________________________________________________________________
 
4101. FAIR HOUSING
Priority:  Substantive, Nonsignificant
Legal Authority:  12 USC 1817 to 1820; 12 USC 2801; 15 USC 1691; 42 USC 
3605; 42 USC 3608
CFR Citation:  12 CFR 338
Legal Deadline: None
Abstract: This regulatory action removes the substitute fair housing 
recordkeeping and monitoring requirements that the FDIC had imposed in 
place of those contained in the FRS's Regulation B, and replaces them 
with a cross-reference to Regulation B. Similarly, the action removes a 
requirement that insured state nonmember banks maintain a home 
application register in accordance with the FRS's Regulation C, and 
replaces it with a cross-reference to Regulation C. Regulations B and C 
implement the Equal Credit Opportunity Act and the Home Mortgage 
Disclosure Act, respectively. This action also clarifies certain
[[Page 22653]]
nondiscriminatory advertising requirements with regard to placement and 
display of the Equal Housing Lending poster. The intended effect of 
these amendments is to reduce burden and to conform the FDIC's fair 
housing regulations with those of the other Federal bank and thrift 
regulatory agencies.
This action is the result of a CDRI section 303(a) review.
Timetable:
________________________________________________________________________
Action                            Date                      FR Cite
________________________________________________________________________
NPRM                            09/20/96                    61 FR 49420
NPRM Comment Period End         11/19/96
Final Action                    05/00/97
Small Entities Affected: None
Government Levels Affected: None
Agency Contact: Michael R. Evans, Fair Lending Analyst, Division of 
Compliance and Consumer Affairs, Federal Deposit Insurance Corporation, 
Washington, DC 20429
Phone: 202 942-3091
RIN: 3064-AB72
_______________________________________________________________________

Last Updated 04/25/1997 regs@fdic.gov

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