Regulation C
/ˌrɛɡjʊˈleɪʃən si/
Definitions
- (n.) A federal regulation implementing the Home Mortgage Disclosure Act, requiring financial institutions to report data on mortgage applications to ensure transparency and prevent discriminatory lending practices.
Under Regulation C, banks must disclose mortgage data to help identify possible discriminatory lending.
Forms
- regulation c
Related terms
See also
Commentary
Regulation C is frequently cited in housing finance and equal credit opportunity contexts; precise compliance is essential for financial institutions to avoid enforcement actions.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.