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CFPB

RIN: 3170-AA19

Publication ID: Fall 2011

Title: ●TILA/RESPA Mortgage Disclosure Integration (Regulation X; Regulation Z)
Abstract: The CFPB will publish a proposed rule and model mortgage disclosure forms that will integrate the disclosure requirements of the Real Estate Settlement Procedures Act (RESPA) and the Truth in Lending Act (TILA), as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The proposed rule would amend and integrate portions of Regulation Z (Truth in Lending) and Regulation X (Real Estate Settlement Procedures Act), which currently require mortgage lenders and brokers to provide separate sets of disclosures to consumers. The proposed model forms will be designed to enhance consumer understanding and provide guidance to lenders and brokers on compliance with the amended disclosure requirements. The project may address some new disclosure requirements imposed by title XIV of the Dodd-Frank Act and address some elements of the Federal Reserve Board's August 2009 and September 2010 proposals concerning closed-end mortgages. See RINs 7100-AD33, 7100-AD52.
Agency: Consumer Financial Protection Bureau(CFPB)	Priority: Other Significant
RIN Status: First time published in the Unified Agenda	Agenda Stage of Rulemaking: Proposed Rule Stage
Major: Undetermined	Unfunded Mandates: No
CFR Citation: 24 CFR 3500 12 CFR 226 12 CFR 1024 12 CFR 1026
Legal Authority: 12 USC 2617 12 USC 3806 15 USC 1604 15 USC 1637(c)(5) 15 USC 1639(l) 12 USC 5532

Legal Deadline:

Action	Source	Description	Date
NPRM	Statutory		07/21/2012

Timetable:

Action	Date	FR Cite
NPRM	07/00/2012

Regulatory Flexibility Analysis Required: Yes	Government Levels Affected: None
Small Entities Affected: Businesses	Federalism: No
Included in the Regulatory Plan: No
RIN Data Printed in the FR: Yes
Agency Contact: Ben Olson Office of Regulations Consumer Financial Protection Bureau Phone:202 435-7700