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eClosing pilot program participants announced
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Regulatory Updates
Tuesday, August 26, 2014
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The Consumer Financial Protection Bureau (CFPB) announced the selection of participants for its mortgage eClosing pilot program. The three-month pilot will begin later this year, and will explore how the increased use of technology during the mortgage closing process could affect consumer understanding and engagement and save time and money for consumers, lenders, and other market participants.
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