Tag Archive: RESPA

New Mortgage Forms are Finally Here

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The wait and anticipation is over. The Consumer Financial Protection Bureau (CFPB) proposed a new rule (nearly 1,100 pages) and two accompanying forms last week intended to combine and simplify mortgage disclosure requirements under the Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA). The proposed rule applies to most closed-end consumer… Read more »