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FEDERAL RESERVE SYSTEM 12 CFR Part 203 Regulation C; Docket No. R-1178 Home Mortgage Disclosure AGENCY: Board of Governors of the Federal Reserve System. ACTION: Final rule; staff commentary. SUMMARY:

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What is r-1178 home mortgage disclosure?

The r-1178 home mortgage disclosure is a form used to collect information about home mortgage loans, including details about the borrower and the terms of the loan.

Who is required to file r-1178 home mortgage disclosure?

Lenders and financial institutions that originate home mortgage loans are required to file the r-1178 home mortgage disclosure.

How to fill out r-1178 home mortgage disclosure?

To fill out the r-1178 home mortgage disclosure, lenders and financial institutions need to provide the required information about the borrower, loan terms, and other pertinent details as instructed on the form.

What is the purpose of r-1178 home mortgage disclosure?

The purpose of the r-1178 home mortgage disclosure is to collect data on home mortgage loans for analysis and monitoring purposes by regulatory agencies and to ensure compliance with fair lending laws.

What information must be reported on r-1178 home mortgage disclosure?

The r-1178 home mortgage disclosure requires reporting of information such as the borrower's demographic data, loan amount, interest rate, loan type, loan purpose, property location, and other loan-related details.

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