CFPB: INTEGRATED MORTGAGE DISCLOSURES

The CFPB has published the final rules implementing the new “Integrated Mortgage Disclosures.”  The rules, which take effect August 1, 2015, replace the RESPA Good Faith Estimate and HUD-1 disclosures with new   “Loan Estimate” and “Closing Disclosure” forms. If you want more detail (and have lots of time), you can find the CFPB’s 1,800 pages of rules here.