Your March 14 article "Home Mortgage Disclosure Plan Gets an Earful" quotes representatives from several banks and banking trade associations who blast the recent Federal Reserve Board proposal to amend the Home Mortgage Disclosure Act regulations.

The Fed's proposal would, among other things, collect and disclose information on the annual percentage rate of loans reported, and indicate whether a particular loan was subject to the provisions of the Home Ownership and Equity Protection Act. These modest proposals would help to track subprime mortgage loans and flag potentially predatory lending patterns.

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