Tag Archives: CFPB

After much anticipation, the Consumer Financial Protection Bureau (CFPB) issued its final rule for new integrated mortgage disclosures, combining the overlapping disclosures required by the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA). The new rule will certainly change the landscape of the settlement services and mortgage lending industries as we know them.

[ca_audio url_mp3='http://blogtalk.vo.llnwd.net/o23/show/5/540/show_5540825.mp3' css_class='codeart-google-mp3-player' autoplay='false' download='false' html5='false']Jerry Alt, president of LOGS Network, joins the broadcast to discuss the current regulatory environment. Specifically the impact, costs and burden of that the CFPB & Dodd Frank imposes on servicers and vendors.View on BlogTalkRadio.