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RESPA-TILA Harmonization

In November 2013, the Consumer Financial Protection Bureau (CFPB) integrated the Real Estate Settlement Procedures Act (RESPA) and Truth in Lending Act (TILA) disclosures and regulations.

May 22, 2015
On May 14, 2015, NAR urged the Consumer Financial Protection Bureau to implement a grace period for those seeking to comply in good faith with new rules for loan closing procedures and settlement documents.
May 14, 2015
REALTORS® urge the CFPB to implement a grace period for those seeking to comply with new rules for loan closing procedures and settlement documents.
May 12, 2015
REALTORS® should prepare themselves now for the new disclosure requirements being implemented by the Consumer Financial Protection Bureau.
May 6, 2015
Video: NAR Senior Counsel Finley Maxson discusses new CFPB integrated disclosure forms and transaction requirements taking effect on August 1, 2015. 
May 4, 2015
From August 1, 2015, any transaction involving a mortgage will use new disclosure forms created by the Consumer Financial Protection Bureau (CFPB).

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