Information Center

 

CFPB Information

Review information and resources regarding CFPB rules and regulations.

Established by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, CFPB is charged with overseeing the Federal financial laws that specifically protect consumers.

The Bureau is tasked with making sure people understand the fine print that explains the risks involved in using these services, and ensuring the banks, credit unions, and other financial companies that provide them play by the rules.


Bank Communications Chart

Bank Communications Chart

Reference CFPB related bank announcements.  Download


Bank Communications Chart

TRID Quick Start - TRID is implemented, are you ready?

Use this TRID Readiness Quick Guide to assess your readiness and as a to-do list to complete any last minute preparations.  Download Now


 

On-Demand Training Library Webinars

Video – Tell Me More: Closing Disclosures Explained - Watch Now

Residential real estate transactions are typically funded, in part, by a federally related mortgage loan.  Included among the many loan documents is the TILA-RESPA Integrated Disclosure rule’s Closing Disclosure (CD) form.  Required since 2015, the CD...


Video – Navigating the Closing Disclosure Form - Watch Now

This three-hour offering provides an in-depth review of the new forms and the rules which apply.How a sample transaction is represented on the new form using a residential real estate sales contract, closing instructions, invoices, and Florida’s promulgated...


Video – CFPB’s Notice of Proposed Rulemaking/ALTA Best Practices Framework Revisions - Watch Now

Learn about the CFPB’S Notice of Proposed Rulemaking issued on July 29, 2016 which proposes changes and clarifications to TRID. ALTA’s Best Practices revisions are also discussed. 2017 TRID Rule Amendments .pdf2017 TILA-RESPA Rule .pdf


Video – TRID & DoubleTime Tips, Tricks & FAQs - Watch Now

The Fund's CFPB Hotline team discusses updates, industry news, and other information The Fund has gathered about the recent TRID changes. The 1-hour webinar will answer Members' most pressing questions regarding the new process.This webinar is specially...


Video – TRID Issues & Questions Facing Members Today - Watch Now

The Fund's CFPB Hotline team discusses updates, industry news, and other information The Fund has gathered about the recent TRID changes. The 2-hour webinar will answer Members' most pressing questions regarding the new process.CFPB FAQs .pdfPrevious TRID...


Video – Rating Title Insurance: The TRID Way - Watch Now

Under the TILA-RESPA Integrated Disclosure (TRID) rules that became effective Oct. 3, 2015, title insurance premiums as shown on the Loan Estimate and Closing Disclosure will be displayed in a way different than Florida law. Although your closing software, including...


Video – It's Not Just a Form: The Closing Disclosure and Form Process - Watch Now

The seminar will review the new Closing Disclosure forms in depth including the seller specific form which is the sole responsibility of settlement agents to prepare, as well as the model refinance form.Attendees will be walked-through sample transactions which...


Helpful Links

CFPB Questions?

Email questions to legaled@thefund.com. If your question can help others, we'll add it to our CFPB FAQs page.

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News & Alerts

Bank of America - CFPB Integrated Mortgage Disclosures - Responsibility for Compliance

Bank of America - CFPB Integrated Mortgage Disclosures - Responsibility for Compliance

Settlement Agent Communication. In December, Bank of America announced that it would generate and deliver the buyer/borrower Closing Disclosure when the new documents take effect on August 1, 2015.

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Wells Fargo - TILA-RESPA Integrated Disclosure Rule

Wells Fargo - TILA-RESPA Integrated Disclosure Rule

Settlement Agent Communications. As the August 1, 2015, effective date for the new TILA-RESPA Integrated Disclosure Rule approaches there is a noticeable increase in the number of articles, webinars, conference panels and conversations about the changes coming.

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SunTrust Mortgage, Inc. RESPA/TILA Communication

SunTrust Mortgage, Inc. RESPA/TILA Communication

To Our Settlement Service Providers, We are confident that by now you are aware that on August 1, 2015 the new RESPA/TILA rules become effective for most new mortgage loan applications.

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JPMorgan Chase & Co. - CFPB Update

JPMorgan Chase & Co. - CFPB Update

The following is an update on some common questions on our continuing preparation for the CFPB’s TILA RESPA Integrated Disclosure (TRID) requirements, which are scheduled to be effective for applications received on or after August 1.

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Citibank - RESPA/TILA Harmonization News

Citibank - RESPA/TILA Harmonization News

This is the second communication to agents about the RESPA/TILA Harmonization (also referred to as the TILA-RESPA Integrated Disclosure, TRID, Know Before you Owe or the Rule) that is coming in August 2015.

Read More »

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