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CFPB RIN: 3170-AA59 Publication ID: Spring 2016 
Title: ●Operations in Rural Areas Under the Truth in Lending Act (Regulation Z); Interim Final Rule 

This interim final rule amends certain provisions of Regulation Z in light of title LXXXIX of the Fixing America’s Surface Transportation Act, entitled the Helping Expand Lending Practices in Rural Communities Act, Public Law 114-94.  The amendments to Regulation Z concern two matters: (1) The eligibility of certain small creditors that operate in rural or underserved areas for special provisions that permit the origination of balloon-payment qualified mortgages and balloon-payment high cost mortgages and for an exemption from the requirement to establish an escrow account for higher-priced mortgage loans and (2) the determination of whether an area is rural for the purposes of Regulation Z.

Agency: Consumer Financial Protection Bureau(CFPB)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: Yes  Unfunded Mandates: No 
CFR Citation: 12 CFR 1026.35    12 CFR 1026.43   
Legal Authority: 15 U.S.C. 1639d(c)    15 U.S.C. 1639c(b)(2)(E)    15 U.S.C. 1639(p)    15 U.S.C. 1604(a)   
Legal Deadline:  None
Action Date FR Cite
Interim Final Rule  03/22/2016  81 FR 16074   
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Related RINs: Related to 3170-AA58 
Agency Contact:
Terry J. Randall
Office of Regulations
Consumer Financial Protection Bureau
Washington, DC 20552
Phone:202 435-7700