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04/22/14CFPB Releases Detailed Guide to the RESPA-TILA Integrated Disclosures

The Bureau has released a second guide regarding the new Loan Estimate and Closing Disclosure forms. These forms will replace the Good Faith Estimate, Truth-in-Lending statement and the HUD-1 settlement statement on August 1, 2015. This guide contains numerous examples, and can help mortgage lenders and settlement companies of any size gain a better understanding of the new forms.

TILA-RESPA Integrated Disclosure - Guide to the Loan Estimate and Closing Disclosure Forms

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