[Code of Federal Regulations]
[Title 12, Volume 2]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 12CFR203.5]

[Page 79]
 
                       TITLE 12--BANKS AND BANKING
 
                   CHAPTER II--FEDERAL RESERVE SYSTEM
 
PART 203--HOME MORTGAGE DISCLOSURE (REGULATION C)--Table of Contents
 
Sec. 203.5  Disclosure and reporting.

    (a) Reporting to agency. By March 1 following the calendar year for 
which the loan data are compiled, a financial institution shall send its 
complete loan application register to the agency office specified in 
Appendix A of this part, and shall retain a copy for its records for a 
period of not less than three years.
    (b) Public disclosure of statement. (1) A financial institution 
shall make its mortgage loan disclosure statement (to be prepared by the 
Federal Financial Institutions Examination Council) available to the 
public at its home office no later than three business days after 
receiving it from the Examination Council.
    (2) In addition, a financial institution shall either:
    (i) Make its disclosure statement available to the public (within 
ten business days of receiving it) in at least one branch office in each 
additional MSA where the institution has offices (the disclosure 
statement need only contain data relating to the MSA where the branch is 
located); or
    (ii) Post the address for sending written requests for the 
disclosure statement in the lobby of each branch office in an MSA where 
the institution has offices, and mail or deliver a copy of the 
disclosure statement, within fifteen calendar days of receiving a 
written request (the disclosure statement need only contain data 
relating to the MSA for which the request is made). Including the 
address in the general notice required under paragraph (e) of this 
section satisfies this requirement.
    (c) Public disclosure of loan application register. A financial 
institution shall make its loan application register available to the 
public after modifying it in accordance with appendix A. An institution 
shall make its modified register available following the calendar year 
for which the data are compiled, by March 31 for a request received on 
or before March 1, and within 30 days for a request received after March 
1. The modified register need only contain data relating to the MSA for 
which the request is made.
    (d) Availability of data. A financial institution shall make its 
modified register available to the public for a period of three years 
and its disclosure statement available for a period of five years. An 
institution shall make the data available for inspection and copying 
during the hours the office is normally open to the public for business. 
It may impose a reasonable fee for any cost incurred in providing or 
reproducing the data.
    (e) Notice of availability. A financial institution shall post a 
general notice about the availability of its HMDA data in the lobby of 
its home office and of each branch office located in an MSA. It shall 
promptly upon request provide the location of the institution's offices 
where the statement is available for inspection and copying, or it may 
include the location in the notice.

[58 FR 13405, Mar. 11, 1993, as amended at Reg. C, 59 FR 63704, Dec. 9, 
1994; 62 FR 28623, May 27, 1997]