New TILA-RESPA Rule - Creating Transparency And Predictability For Consumers In Mortgage Loan Transactions — AFRCT
The Consumer Financial Protection Bureau’s (“CFPB”) new rules governing mortgage loan disclosures under the Dodd-Frank Act will now go into effect October 3, 2015 . These rules are designed to simplify forms used for mortgage loan transactions and impose tighter disclosure restrictions on lenders. P