press releases · February 16, 2006

Press Release

February 17, 2006

Federal Financial Regulatory Agencies Extend Comment Period on Nontraditional Mortgage Products

Office of the Comptroller of the Currency

Board of Governors of the Federal Reserve System

Federal Deposit Insurance Corporation

Office of Thrift Supervision

National Credit Union Administration

For immediate release

Share

The federal financial regulatory agencies today extended the comment period on the proposed guidance on nontraditional residential mortgage products. Today's action was prompted by requests from several financial institutions and trade associations for financial institutions to extend the comment period. The comment period will be extended for 30 days to March 29 from the previous date of February 27.

The original Federal Register notice, which was published on December 29, 2005, is attached.

Attachment (148 KB PDF)

Cite this document
APA
Federal Reserve (2006, February 16). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20060217_federal_financial_regulatory_agencies_extend
BibTeX
@misc{wtfs_press_release_20060217_federal_financial_regulatory_agencies_extend,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2006},
  month = {Feb},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20060217_federal_financial_regulatory_agencies_extend},
  note = {Retrieved via When the Fed Speaks corpus}
}