Federal Reserve does not plan to proceed with finalizing three pending mortgage rulemakings under Regulation Z

WASHINGTON, D.C. – February 2, 2011 – (RealEstateRama) — The Federal Reserve Board on Tuesday announced that it does not expect to finalize three pending rulemakings under Regulation Z, which implements the Truth in Lending Act (TILA), prior to the transfer of authority for such rulemakings to the Consumer Financial Protection Bureau (CFPB).