CFPB Updates TILA-RESPA Compliance Guides, Creates Timeline

September 9, 2014

The Consumer Financial Protection Bureau has updated its Small Entity Compliance Guide for the TILA-RESPA Integrated Disclosure Rule.

Also available is a guide for the Loan Estimate and Closing Disclosure forms. Additionally, the CFPB has created a timeline to help understand the timing requirements under the rule. This timeline illustrates the process and timing of disclosures for one specific real estate purchase transaction under the TILA-RESPA Integrated Disclosure rule that will become effective on Aug. 1, 2015. 

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