[Federal Register: October 6, 2009 (Volume 74, Number 192)]
[Notices]               
[Page 51277]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr06oc09-46]                         

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FEDERAL RESERVE SYSTEM

 
Consumer Advisory Council; Notice of Meeting of the Consumer 
Advisory Council

    The Consumer Advisory Council will meet on Thursday, October 22, 
2009. The meeting, which will be open to public observation, will take 
place at the Federal Reserve Board's offices in Washington, DC, in 
Dining Room E on the Terrace Level of the Martin Building. For security 
purposes, anyone planning to attend the meeting should register no 
later than Tuesday, October 20, by completing the form found online at: 
https://www.federalreserve.gov/secure/forms/cacregistration.cfm.
    Attendees must present photo identification to enter the building 
and should allow sufficient time for security processing.
    The meeting will begin at 9 a.m. and is expected to conclude at 
12:30 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 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 regarding closed-end mortgages and home-
equity lines of credit
    Members will discuss proposed changes to Regulation Z (Truth in 
Lending) regarding disclosures that consumers receive in connection 
with closed-end mortgages and home-equity lines of credit. Members will 
also discuss amendments that would provide new consumer protections for 
home-secured credit, including provisions to prevent mortgage loan 
originators from steering consumers to more expensive loans.
     Proposed rules to implement the Credit Card Accountability 
Responsibility and Disclosure Act of 2009
    Members will discuss proposed amendments to Regulation Z to protect 
consumers who use credit cards from a number of potentially costly 
practices.
     Foreclosure issues
    Members will discuss loss-mitigation efforts, including the 
Administration's Making Home Affordable program, the performance of 
modified mortgages, and other issues related to foreclosures.
    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, DC 20551. Information about this meeting may be obtained 
from Ms. Kerslake at 202-452-6470.

    Board of Governors of the Federal Reserve System, October 1, 
2009.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E9-24012 Filed 10-5-09; 8:45 am]