10/12/2026
Here's a quick industry update to watch if you're active in real estate.
The CFPB is reviewing several mortgage disclosure and rescission rules that could affect both closing timelines and how certain refinance transactions are funded. The review includes potential changes to TRID requirements, reverse mortgage disclosures and the three-day right of rescission after refinancing.
At Champion Title, we stay closely connected to conversations like this because they directly shape our clients' closing experience. We'll continue to monitor developments and keep our partners informed as things progress.
Read more: https://heyor.ca/hJ98Kc
The Consumer Financial Protection Bureau (CFPB) is considering changes to mortgage disclosure and rescission requirements that could alter closing timelines, tolerance rules and the funding of certain refinance transactions.In a request for information published July 9, the CFPB asked lenders, broke...