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New Mortgage Regulation Coming Oct 3rd
Check out the attached article. The changes will merge the HUD-1 Settlement Statement, the Good Faith Estimate, and the Truth-in-Lending disclosure form into two new closing forms: a Loan Estimate and a Closing Disclosure.
Expect delays with closings going forward!
http://realtormag.realtor.org/daily-news/2015/09/28/closing-process-changes-what-expect