The Federal Reserve Board today proposed new rules requiring lenders to provide home equity loan borrowers with more information about the cost of such loans.

An individual bank cannot multiply deposits, it requires lenders wanting to borrow money and the system feeding deposits back in.

To help buffer the shock, the Federal Government since 1974 has required lenders to give loan applicants estimates of closing costs.

He noted that the proposed rules would not require preferred lenders to be selected solely on the basis of the best interests of student borrowers.

Mobile homes often require special lenders.

It also proposed requiring lenders to cancel the insurance automatically in some cases.

In 1992, Congress followed up by requiring lenders to make data on mortgage applications publicly available.

The Federal Reserve and Congress have declined to require dealers or lenders to disclose loan markups.

Existing law requires lenders who wish to share certain consumer information with affiliates to disclose that intention "clearly and conspicuously" and permit consumers to opt out.

Also, there are as yet no new provisions that require Western lenders to Asian investors to suffer the consequences of losses on those investments.