We knew it was coming, and the CFPB has now released their Final Rule on the Integrated Disclosure requirements that are part of their “Know Before You Owe” initiative. Announced with an effective date of August 1, 2015, the final rule combines disclosures currently required under Truth in Lending and RESPA. You can definitely plan on hearing much more about these requirements in the months to come. Stay Tuned!
Published
2013/11/21
Diane Dean