[Federal Register Volume 73, Number 27 (Friday, February 8, 2008)]
[Pages 7558-7559]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-2335]



Consumer Advisory Council

ACTION: Notice of Meeting of the Consumer Advisory Council


    The Consumer Advisory Council will meet on Thursday, March 6, 2008. 
The meeting, which will be open to public observation, will take place 
at the Federal Reserve Board's offices in Washington, D.C., in Dining 
Room E on the Terrace Level of the Martin Building. Anyone planning to 
attend the meeting should, for security purposes, register no later 
than Tuesday, March 4, by completing the form found online at: https://www.federalreserve.gov/secure/forms/cacregistration.cfm
    Additionally, attendees must present photo identification to enter 
the building.
    The meeting will begin at 9:00 a.m. and is expected to conclude at 
1:00 p.m. The Martin Building is located on C Street, NW, between 20th 
and 21st Streets.
    The Council's function is to advise the Board on the exercise of 
the Board's

[[Page 7559]]

responsibilities under various consumer financial services laws and on 
other matters on which the Board seeks its advice. Time permitting, the 
Council will discuss the following topics:
     Proposed rules for residential mortgage transactions
    Members will discuss the Board's proposal to establish new 
regulatory protections for consumers in the residential mortgage market 
through amendments to Regulation Z, which implements the Truth in 
Lending Act and the Home Ownership and Equity Protection Act. The 
proposal addresses unfair, abusive, or deceptive lending and servicing 
practices and mortgage advertising practices, and would also require 
creditors to provide consumers with transaction-specific cost 
disclosures earlier.
     Foreclosure issues
    Members will discuss issues related to home foreclosures, such as 
loss-mitigation strategies and counseling initiatives.
    Reports by committees and other matters initiated by Council 
members also may be discussed.
    Persons wishing to submit views to the Council on any of the above 
topics may do so by sending written statements to Jennifer Kerslake, 
Secretary of the Consumer Advisory Council, Division of Consumer and 
Community Affairs, Board of Governors of the Federal Reserve System, 
Washington, D.C. 20551. Information about this meeting may be obtained 
from Ms. Kerslake, 202-452-6470.
    Board of Governors of the Federal Reserve System, February 5, 2008.

Margaret McCloskey Shanks
Associate Secretary of the Board
[FR Doc. E8-2335 Filed 2-7-08; 8:45 am]