The Consumer Financial Protection Bureau has decided to shift course before finalizing changes to the good faith estimate form, a project the bureau has been working on diligently since last summer.

At the urging of industry groups, the CFPB signaled it will concentrate on merging the Real Estate Settlement Procedures Act, and Truth in Lending regulations first before finalizing the GFE form that consumers receive three days after signing a mortgage application.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.