Training | 2015.03.04
ALTA Says New CFPB Forms Mislead Consumers—Requests Restrained Enforcement
The Consumer Financial Protection Bureau's (CFPB) Closing Disclosure, which replaces the current HUD-1 Settlement Statement, inaccurately discloses the fees associated with title insurance premiums for consumers. State law and regulation in half of the United States dictates that consumers must pay title insurance rates that are different than how the CFPB requires industry to inaccurately disclose these fees to the consumer.
(PRWeb March 03, 2015)
Read the full story at http://www.prweb.com/releases/2015/03/prweb12558757.htm
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http://www.prweb.com/releases/2015/03/prweb12558757.htm
