Risk-Based Pricing Notices
May 8, 2008
Comments will be due in August on proposed regulations that generally would require a creditor to provide a consumer with a risk-based pricing notice when, based on the consumer’s credit report, the creditor offers or provides credit on terms less favorable than the terms it offers or provides to others.

Credit Cards and Overdraft Services
May 2, 2008
Comments will be due in July on proposed rules to prohibit unfair practices regarding credit cards and overdraft services.

Check Consolidation Schedule
March 31, 2008
The Reserve Banks will speed up the consolidation of their check processing sites. Baltimore will scale back operations in the first quarter next year, earlier than previously planned; Charlotte, as planned, the second quarter.

Flood Insurance
March 21, 2008
Comments are due May 20 on new and revised interagency questions and answers regarding flood insurance.

FedACH
March 14, 2008
Reserve Banks have amended Operating Circular No. 4, effective March 1, to add terms and conditions in Appendices E1 and F1 for two new FedACH® services: File Alert and FedEDI Plus.

Subprime Mortgages
March 3, 2008
Federal agencies are encouraging institutions they supervise to report loan modification efforts in a consistent way and to consider using the HOPE NOW alliance's loan modification reporting standards for their serviced loans.

Daylight Overdrafts
February 28, 2008
Comments will be due June 4 on proposed changes to the Federal Reserve's payments system risk policy to support a new strategy for providing intraday credit to depository institutions and encourage them to collateralize their daylight overdrafts. Comments will be due the same time on proposed changes to daylight overdraft posting rules to align posting times for ACH credit and debit transfers in the payments system.

Expedited Funds Availability
February 12, 2008
Federal Reserve check processing operations in Kansas City will move to Dallas on April 19. This will cause some formerly nonlocal checks to become local under Regulation CC's expedited availability rules.

Reserve Requirements
February 7, 2008
Comments will be due in late March on proposed changes to Regulations D and I to allow member banks to maintain required reserves through correspondents on a pass-through basis and to clarify and update other provisions. The changes include simplifying restrictions on some transfers and withdrawals from savings deposits and clarifying the definitions of “time deposit” and "vault cash."

Term Auction Facility
January 4, 2008
The Federal Reserve will conduct two auctions of 28-day credit in January, offering $30 billion each in auctions to be held on January 14 and 28.