Report: CFPB Final Rule for Mortgage Disclosures to Cost $1.3 Billion
December 17, 2013
Although the proposed rule provided estimates of costs for creditors, the CFPB now includes the approximately $340 million in costs for settlement agents. Read on for more details on projected costs to implement the CFPB’s final rule to integrate mortgage disclosures required by the Real Estate Settlement Procedures Act and Truth-in-Lending Act.
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