ALTA Details Implementation Cost of CFPB’s Draft Mortgage Disclosure on Settlement Providers

March 15, 2012

In a letter to the Consumer Financial Protection Bureau, ALTA outlined its main concerns regarding the Bureau’s draft integrated RESPA/TILA mortgage disclosure forms, including the cost of implementation on settlement service providers. Read on to find out how much the industry estimates the current versions of CFPB’s draft forms will increase costs to small business settlement providers.

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Contact ALTA at 202-296-3671 or communications@alta.org.