The Truth-in-Lending ACT (TILA) and Real Estate Settlement Procedures Act (RESPA) disclosure requirements will be integrated to provide borrowers with simplified documents at application and during the loan closing.  This takes effect October 3, 2015.   The new rule is consolidating 4 existing documents into 2 new disclosures and may take up to 45 days to close a loan.  The buyer is to receive the closing Disclosures at least 3 days before closing or closing delayed.  More on this subject will be coming.