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Providers preparing for changes to mortgage disclosure forms
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Technology
Thursday, October 16, 2014
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The new loan estimate and Closing Disclosure forms will replace the good faith estimate, HUD-1 settlement statement and TILA disclosures in less than 300 days on Aug. 1, 2015. This will be a culture shift in the settlement services industry, and software companies aren’t wasting any time getting prepared. Representatives from ResWare, RamQuest and SoftPro said they are getting their customers ready when the time comes. Read on to find out how.
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