{"id":1655,"date":"2015-09-07T16:55:47","date_gmt":"2015-09-07T16:55:47","guid":{"rendered":"http:\/\/www.orangesand.com\/?p=1655"},"modified":"2015-09-07T16:55:47","modified_gmt":"2015-09-07T16:55:47","slug":"changes-to-tila-and-respa","status":"publish","type":"post","link":"http:\/\/www.thebains.com\/blog\/2015\/09\/07\/changes-to-tila-and-respa\/","title":{"rendered":"Changes to TILA and RESPA"},"content":{"rendered":"<p>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.\u00a0 This takes effect October 3, 2015.\u00a0\u00a0 The new rule is consolidating 4 existing documents into 2 new disclosures and may take up to 45 days to close a loan.\u00a0 The buyer is to receive the closing Disclosures at least 3 days before closing or closing delayed.\u00a0 More on this subject will be coming.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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.\u00a0 This takes effect October 3, 2015.\u00a0\u00a0 The new rule is consolidating 4 existing documents into 2 new disclosures and may take up to 45 days to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1655"}],"collection":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/comments?post=1655"}],"version-history":[{"count":1,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1655\/revisions"}],"predecessor-version":[{"id":1656,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/1655\/revisions\/1656"}],"wp:attachment":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/media?parent=1655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/categories?post=1655"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/tags?post=1655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}