The FRB announced that it would hold four public hearings, beginning in July, on potential revisions to Regulation C, which implements the Home Mortgage Disclosure Act. The hearings will serve three objectives. First, the FRB will gather information to evaluate whether the 2002 revisions to Regulation C, which required lenders to report mortgage pricing data, helped provide useful and accurate information about the mortgage market. Second, the hearings will provide information that will help the FRB assess the need for additional data and other improvements. Finally, the hearings will help identify emerging issues in the mortgage market that may warrant additional research. The hearings will take place at the Federal Reserve Bank of Atlanta on July 15, the Federal Reserve Bank of San Francisco on August 5, the Federal Reserve Bank of Chicago on September 16, and the FRB in Washington, D.C. on September 24. All hearings will include panel discussions by invited speakers. Other interested parties may deliver oral statements of five minutes or less during an “open-mike” period. Written statements of any length may be submitted for the record.