Articles

CFPB Releases Construction Loan Guides

March 4, 2020 - 1 min read

On Wednesday, December 18, 2019, the Consumer Financial Protection Bureau (CFPB) published two guidance documents related to disclosing construction and construction-permanent loans under the TILA-RESPA Integrated Disclosure (TRID) Rule using the Loan Estimate and Closing Disclosure forms. One guide addresses a combined, one-transaction disclosure construction-to-permanent loan. The other provides guidance on disclosing a construction-to-permanent loan…

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Amount of Funds Available Final Rule

September 25, 2019 - 1 min read

The Consumer Financial Protection Bureau (CFPB) and the Federal Reserve Board (FRB) jointly published amendments to Regulation CC on June 24, 2019, including amendments made by the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA), which include extending coverage of the EFA Act to American Samoa, the Commonwealth of the Northern Mariana Islands, and…

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