The CFPB has posted a video of its May 26th webinar that addressed questions about the final TILA-RESPA Integrated Disclosure Rule. The webinar was the fifth in a series to address specific questions related to rule interpretation and implementation challenges that have been raised by creditors, mortgage brokers, settlement agents software developers, and other industry stakeholders.… Continue Reading
CFPB further delays TRID effective date
The CFPB has issued its formal proposal to delay the effective date of the TILA-RESPA Integrated Disclosures (TRID) rule until Saturday, October 3, 2015. The new effective date comes only a week after the CFPB announced it would delay the effective date until October 1, 2015 due to an administrative error that was made in the rules disclosure and review process. … Continue Reading
CFPB issues instructions on how industry may place its company logo on the “Home Loan Toolkit”
The CFPB has issued instructions on how creditors and other housing professionals can use their logo with the new “Home Loan Toolkit” (“Toolkit”). Previously, at a May 26, 2015 webinar that addressed the new TILA/RESPA Integrated Disclosure rule, the CFPB staff informally advised industry members that they could add their logo to the Toolkit. … Continue Reading