TILA-RESPA Integrated Disclosure rule implementation

The CFPB recently finalized the TILA-RESPA Integrated Disclosure rule, designed to "make mortgage disclosure easier for consumers to understand and use and to help facilitate compliance with TILA and RESPA." The rule takes effect August 1, 2015. 

The CFPB released a plain-language guide to the new rules in an FAQ format. Review at the below link.

CFPB TILA-RESPA Guide