LexisNexis® Legal Newsroom
CFPB Releases New Simpler Mortgage Disclosure Forms to Aid Consumers in Understanding Loan Process and Costs

By David N. Anthony , John C. Lynch , Nicola Harrison , and Scott Kelly The Consumer Financial Protection Bureau (CFPB) has released a new rule , requiring simpler and more streamlined “Know Before You Owe” mortgage disclosure forms. The streamlined forms are designed to facilitate...

TRID Rules Expected To Delay and Disrupt Closings

Major Change To Current Practices | Expect Delays and Bumpy Road Starting Oct. 1 I just finished yet another closing where a national lender issued the closing package and HUD approval the morning of the closing, and worse, issued a revised TIL (Truth in Lending) disclosure during the middle of the...