Fed Proposes TILA Amendments. Includes Fee Cap

``Plain and Simple: Regulation Z currently prohibits a credit or from making a higher-priced mortgage loan without regard to the consumer's ability to repay the loan. This new proposal would implement statutory changes made by the Dodd-Frank Act that expand the scope of the ability-to-repay requirement to cover any consumer credit transaction secured by all dwellings (excluding an open-end credit plan, timeshare plan, reverse mortgage, or temporary loan).''