It turns out CFPB was going to need an additional two weeks after the original August 1 to compensate for an administrative error. The good news for settlement agents and real estate attorneys who were not prepared to implement the new rules is that they will have more time to get systems in place, learn the new forms and work out the bugs before October 3, 2015, so there will be no delay in their real estate closings when the date arrives. There are seven important questions to ask to determine if you are ready. >> Read more: Consumer-Financial-Protection-Bureau-Delays-Implementation-Date-for-TILA…
