Update to a previous post - the new closing process planned to go into effect today has been postponed until October by the Consumer Financial Protection Bureau. The new document replacing the HUD statement for financed real estate purchasdes will be known as
TILA RESPA Integrated Disclosure. The transition is expected to caused delays in closings of up to 30 days. Stay tuned for more information.
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Saturday, August 1, 2015
New Closing Process delayed until October from August
Labels:
Ben Guyton,
Consumer Financial Protection Bureau,
Hoffman Group,
Myrtle Beach,
North Myrtle Beach,
TILA RESPA Integrated Disclosure
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