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§ 1041.15 Effective and compliance dates.

On June 6, 2016, the CFPB announced a final rule delaying the compliance date for the mandatory underwriting provisions of this regulation and making correcting amendments. It will be effective August 16, 2019. This section of the regulation is added by those amendments.


(a) Effective date. The effective date of this part is January 16, 2018.

(b) April 16, 2018 application deadline. The deadline to submit an application for preliminary approval for registration pursuant to § 1041.11(c)(1) is April 16, 2018.

(c) August 19, 2019 compliance date. The compliance date for §§ 1041.2, 1041.3, 1041.7 through 1041.9, 1041.12(a), (b) introductory text, (b)(4), and (b)(5), and 1041.13 is August 19, 2019.

(d) November 19, 2020 compliance date. The compliance date for §§ 1041.4 through 1041.6, 1041.10, and 1041.12(b)(1) through (3) is November 19, 2020.

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