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CFPB Interim Final Rule and Request for Comment Real Estate Settlement Procedures Act (Regulation X) December 20, 2011 76 Fed. Reg. 78978 SUMMARY: Title X of the Dodd-Frank Wall Street Reform and
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The CFPB interim final rule is a regulation issued by the Consumer Financial Protection Bureau (CFPB) that has the force of law on a temporary basis until a final rule is issued. It is intended to address urgent issues or implement immediate changes to existing regulations.
The specific entities required to file the CFPB interim final rule depend on the subject matter and the regulations being implemented. Generally, financial institutions and entities that fall under the jurisdiction of the CFPB may be required to file this interim rule.
To fill out the CFPB interim final rule, the entity or individual responsible for filing must carefully review the rule's requirements and instructions provided by the CFPB. They need to ensure that all necessary information is accurately and completely reported in accordance with the specified format and deadline.
The purpose of the CFPB interim final rule is to address urgent regulatory issues or implement immediate changes that require prompt action. It serves as a temporary regulatory measure until a final rule is established through the standard rulemaking process, allowing the CFPB to quickly respond to emerging situations.
The specific information that must be reported on the CFPB interim final rule depends on the nature of the rule and its regulatory requirements. It may include details such as identifying information of the reporting entity, transactional data, compliance information, or any other relevant information specified by the rule.
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