Removal of Transferred OTS Regulations Regarding Lending and Investment; and Conforming Amendments to Other Regulation

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The Federal Deposit Insurance Corporation (FDIC) is adopting a final rule (final rule) to rescind and remove the "Lending and Investment" regulations because they are unnecessary, redundant, or duplicative of existing FDIC regulations; to amend certain sections of existing FDIC regulations governing real estate lending standards to make them applicable to all insured depository institutions for which the FDIC is the appropriate Federal banking agency; and to rescind and remove "Registration of Residential Mortgage Loan Originators" regulations because supervision and rulemaking authority in this area was transferred to the Consumer Financial Protection Bureau (Bureau) by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd- Frank Act).