REALTORS® Speak Out; Lenders Concerned: The National Association of REALTORS® (NAR) has begun to speak out about what the Consumer Financial Protection Bureau’s (CFPB) rule on integrated mortgage disclosures will mean for their members’ business. Stewart Title’s Guide to CSFB Compliance.
These articles provide needed insight to real estate professionals on how the August 1 change will affect them, their customers and residential transactions. Learn more at stewart.com/cfpb or the CFPB’s Know Before You Owe website.
REALTOR® Magazine:Last-Minute Closing Changes to Get Difficult
Origination News published, “Why New CFPB Closing Form is Driving Lenders ‘Crazy’,” saying lenders are worried about compliance, and fearing the new integrated mortgage disclosure rules will make the closing process more difficult.
Origination News:Why New CFPB Closing Form is Driving Lenders ‘Crazy’