NAR participated in a Consumer Financial Protection Bureau (CFPB) public forum on electronic mortgage closings on April 23, 2014. With Quintus Williams of Long and Foster representing NAR, the forum heard from a broad range of government agencies and trade groups representing parties to real estate closings. NAR also participated in a follow-up meeting on April 24, 2014. CFPB is planning to conduct a pilot project to further gather data on e-closing and how they affect/help/concern consumers compared to traditional paper-based closings. The pilot is not intended to presage a rulemaking and is just for information gathering purposes only. Some in the industry confused the effort with the RESPA/TILA reforms set to be implemented in 2015 because the effort comes under the same "Know Before You Owe" banner. The CFPB clarified that this was not intended to alter that rule or make substantive changes. Pilot applications are due May 14, 2014. The pilot is expected to be conducted in the fall and winter of 2014-15.