Notices to Interested Parties : Bureau of Financial Institutions

STATE OF MAINE

DEPARTMENT OF PROFESSIONAL AND FINANCIAL REGULATION

BUREAU OF FINANCIAL INSTITUTIONS

BUREAU OF CONSUMER CREDIT PROTECTION

NOTICE TO INTERESTED PARTIES

The Bureau of Financial Institutions and the Bureau of Consumer Credit Protection have proposed a rule delineating the concepts of "reasonable, tangible net benefit" and "ability to pay" as set forth in an Act to Protect Maine Homeowners from Predatory Lending. Notice of this proposed rule is being published by the Secretary of State. Interested parties may submit written comments to the Bureau of Financial Institutions, 36 State House Station, Augusta, Maine 04333-0036 or to the Bureau of Consumer Credit Protection, 35 State House Station, Augusta, Maine 04333-0035 by October 29, 2007. A public hearing for this proposed rule will be held at 10:00 a.m. on Wednesday, October 17, 2007 at the Gardiner Annex, 124 Northern Avenue, Gardiner, Maine in the Central Conference Room.