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Panelists: Consumers can get more from eClosing process
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Regulatory Updates
Wednesday, August 12, 2015
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There were a couple of themes coming from the report on the Consumer Financial Protection Bureau’s eClosing pilot program. One of them was the potential consumer benefits from the eClosing process. But a pair of consumer advocates said more could be done to help consumers as technology helps move the mortgage lending industry toward adopting eClosings as a standard. Read on to see what they said, as well as other takeaways from the report.
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