The integrated mortgage disclosure rule from the CFPB affects much more than loan forms and consumer qualifications. Every third-party service provider a lender deals with must be able to comply with regulations – and if they can’t, the lender is held responsible for mistakes. To reduce that risk before the CFPB rule goes into effect August 1, lenders are seeking out providers with solid policies and procedures that are in compliance.
Stewart works hard to ensure that our technology, business, and people are prepared for the implementation of the CFPB mortgage lending rule. Find out how we can help you at www.stewart.com/cfpb.
The CFPB is going to affect your real estate transactions – we can help you get ready. On August 1, 2015, the Consumer Financial Protection Bureau’s mortgage disclosure rule – enacted to make it easier for consumers to shop for mortgages.