Transcription of 2017 TILA-RESPA Rule
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2017 TILA-RESPA Rule
1 2017 TILA-RESPA RULE: DETAILED SUMMARY OF CHANGES AND CLARIFICATIONS 1700 G Street NW, Washington, DC 20552 August 30, 2017 2017 TILA-RESPA Rule: DETAILED SUMMARY OF CHANGES AND CLARIFICATIONS On July 7, 2017 , the Consumer Financial Protection Bureau (Bureau) issued a final rule ( 2017 TILA-RESPA Rule or 2017 Rule) clarifying and amending certain mortgage disclosure provisions implemented in Regulation Z. This document summarizes most of the 2017 TILA-RESPA Rule s clarifications and changes, and provides relevant citations. Use of this summary is not a substitute for reviewing the 2017 TILA-RESPA Rule.
Aug 30, 2017 · in the 2017 Rule changes, those changes can be phased-in over the course of a transaction or by application date. Notwithstanding this flexibility, a person cannot phase in the 2017 Rule in a way that would violate provisions of Regulation Z that are not being changed. For example, during the optional
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