CFPB Unveils Initial Drafts of Closing Disclosure

November 8, 2011

The Consumer Financial Protection Bureau moved to its second phase of it Know Before You Owe mortgage project by releasing its first draft of two alternative prototypes of a final disclosure form combining the Truth in Lending disclosure and a HUD-1 Settlement Statement to explain to consumers final loan terms and closing costs.

Please Log In to View


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

SoftPro is the nation's leading provider of Real Estate Closing and Title Insurance software. At ALTA SPRINGBOARD, we vow to give you a forum for fresh thinking and new insights, and help accelerate your career and differentiate your business from the pack.