Don’t wait to prepare for new mortgage disclosures

The industry is anxiously awaiting release of the Consumer Financial Protection Bureau’s final rules and forms that will merge the disclosures required under RESPA and the Truth in Lending Act. While the release is months away, at least one industry expert is telling industry members to take steps now to help smooth the transition to the forthcoming disclosures. Read on to find out what she told attendees during the National Settlement Services Summit.