| FOR RELEASE at 1:00 P.M. EDT | For further information | ||||
| Friday, August 4, 2000 | Contact: William Fulwider | ||||
| OTS 00-67 | 202/906-6913 | ||||
WASHINGTON, D.C., Aug. 4, 2000 – The Federal Register today published a proposal of the Office of Thrift Supervision (OTS) to amend the quarterly Thrift Financial Report (TFR) to collect data from OTS-regulated thrift institutions on high loan-to-value and subprime loans, trust operations and holding companies to strengthen its supervisory capability. OTS also proposed to eliminate collection of some data that is no longer needed. The TFR changes would be effective beginning with the March 31, 2001 filing.
OTS is asking for comment on the proposal within 60 days.
The Office of Thrift Supervision (OTS), an office of the U.S. Treasury, regulates and supervises the nation's thrift industry. OTS's mission is to ensure the safety and soundness of thrift institutions and to support their role as home mortgage lenders and providers of other community credit and financial services. For copies of news releases or other documents visit the OTS web page at www.ots.treas.gov.
Created: Friday, 8/4/2000