The Maryland Commissioner of Financial Regulation issued an Advisory Notice announcing that it will begin enforcing its regulations relating to "higher-priced mortgage loans" on March 16, 2009, since the Board of Governors of the Federal Reserve System has now begun publishing the "average prime offer rate." These rates are now being published on the Federal Financial Institutions Examination Counsel ("FFIEC") website and may be viewed here. For more information on this Advisory Notice, please see here.
