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CFPB Know Before You Owe:
Consumer Information
The CFPB has provided extensive resources for the consumer on its website, www.consumerfinance.gov. Here are links to some materials that may be helpful, as consumers contemplate buying a home:
In conjunction with issuing the new integrated TILA and RESPA real estate settlement forms, the Consumer Financial Protection Bureau (CFPB) has provided robust explanation and guidance on the new forms. Below are links to the Loan Estimate and Closing Disclosure, as well as links to the various resources available at the CFPB.
TILA-RESPA Integrated Disclosure rule
Compliance guide: A plain-language guide to the new rules in a FAQ format which makes the content more accessible for industry constituents, especially smaller businesses with limited legal and compliance staff.
Sharon Ann Cox PA offers compliance services to a broad range of firms. We understand the difficulties facing firms in understanding the mortgage compliance soup, and offer these helpful links to assist.