Here’s a timeline that is full of we created the Loan Estimate and Closing Disclosure types, element of our Know Before you borrowed from: Mortgages task. It’s an appearance right straight back at our work to help make home loan disclosures simpler and more effective, with all the input of this individuals that will use them actually.
You can go back to the key web web page to see a timeline that is interactive.
The Dodd-Frank Wall Street Reform and customer Protection Act is finalized into legislation.
The brand new legislation required the CFPB to mix the reality in Lending and real-estate Settlement Procedures Act disclosures.
6, 2010 december
The Treasury Department hosts a home loan disclosure symposium.
The function brought together customer advocates, industry, marketers, and much more to talk about CFPB execution for the blended disclosures.