Washington Report

Advocacy Updates from Washington D.C.

Fed-CFPB RESPA-TILA Webinar

Event Category: 
Webinar

On Tuesday June 17, 2014, the Federal Reserve and Consumer Financial Protection Bureau (CFPB) held a webinar describing the forthcoming August 2015 changes to loan disclosures and settlement statements.  In addition to major changes to the forms themselves, the new rules will require that the settlement statement be completed three days prior to closing.  While some changes may occur during the 3 day period, changes to loan terms will require a new 3 day waiting period.  The webcast requires a short form to be completed and can be viewed at the link below.

CFPB/Fed Webcast

Notice: The information on this page may not be current. The archive is a collection of content previously published on one or more NAR web properties. Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. The National Association of REALTORS® disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.

Advertisement