Finance & markets · 05/08/1994Updated: 10/16/2026 · 1 min read

Federal Reserve Amends Regulation Z to Provide Relief for Flood-Affected Areas

The Federal Reserve is amending Regulation Z to provide temporary relief in areas of the South recently affected by major flooding, allowing for an immediate waiver of the right to rescind certain home-secured loans in cases of bona fide personal financial emergencies.

Original source language: Federal Register — Federal ReserveOpen original release →

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