Tabs

Bank/Thrift Supervision   |    Capital    |    CFPB    |    Deposit Insurance    |    Interchange    |    Mortgage Finance
Municipal Advisors   |    OCC-OTS Merger   |    Preemption    |    QM - QRM    |    Swaps   |    Volcker Rule    |    Full Topics List
 
Qualified Mortgage - Qualified Residential Mortgage
Swaps
Consumer Financial Protection Bureau - CFPB
Bank/Thrift Holding Company Supervision
Capital
Deposit Insurance
Interchange
Mortgage Finance
Municipal Advisors
OCC-OTS Merger
Preemption
Volcker Rule
Corporate Governance
Financial Stability Oversight Council (FSOC)
Appraisals
Office of Financial Research (OFR)
Systemic Risk
Supervision and Oversight
Payment, Clearing and Settlement
Prudential Supervision
Trust & Securities
Asset-Backed Securities
Resolution Authority

Tuesday, September 9, 2014

CFPB Updates TILA-RESPA Small Entity Compliance, Form Guides

The CFPB updated its small entity compliance guide and new mortgage disclosure form guide for the merger of the Truth in Lending Act and the Real Estate Settlement Procedures Act. The rule, which takes effect August 1, 2015, merges the TILA and RESPA-mandated disclosures into two forms: the Loan Estimate and the Closing Disclosure.

The CFPB also issued a new sample disclosure timeline illustrating what actions would be expected of a creditor at different stages of the origination process.

Read the small entity compliance guide.
Read the guide to the forms.
View the disclosure timeline.
View CFPB resources on the TILA-RESPA integration.

No comments:

Post a Comment

Please read our comment policy before making a comment.