Bureau Releases Guidelines for New eClosing Mortgage Pilot Project
Washington, D.C.—(ENEWSPF)—April 23, 2014. The Consumer Financial Protection Bureau (CFPB) today published a report which finds that many consumers are frustrated by the short amount of time they have to review a large stack of complex closing documents when finalizing a mortgage. The Bureau also released guidelines for an upcoming eClosing pilot project to assess how electronic closings can benefit consumers as they navigate the mortgage…
