Answer:
This sounds like a change in your TIL disclosure form related to the new rules for mortgage transactions found in Reg Z, section 226.18(s), which go into effect on January 30, 2011, and require new interest rate and payment summary tables. See the new model tables H-4(E)-(H) at Appendix H. There is also a new disclosure for balloon payments which must appear outside and below the table. See model clause H-4(J).
The new tables and balloon disclosure replace the payment schedule in mortgage transactions.
First published on BankersOnline.com 3/7/11