Beatty Highlights Need for Transparency and Clarity in Mortgage Loan Closing Process

In her opening remarks at today’s Financial Services Housing and Insurance Subcommittee hearing on the Truth In Lending Act and the Real Estate Settlement Procedures Act (TILA-RESPA), U.S. Congresswoman Joyce Beatty (OH-03) detailed the importance of ensuring a seamless transition to an updated closing process, as mandated under Dodd-Frank. Serving as the subcommittee’s Ranking Member for the day, Beatty spoke about the Consumer Financial Protection Bureau’s (CFPB) merging TILA-RESPA


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Next articleIn her opening remarks at today’s Financial Services Housing and Insurance Subcommittee hearing on the Truth In Lending Act and the Real Estate Settlement Procedures Act (TILA-RESPA), U.S. Congresswoman Joyce Beatty (OH-03) detailed the importance of ensuring a seamless transition to an updated closing process, as mandated under Dodd-Frank. Serving as the subcommittee’s Ranking Member for the day, Beatty spoke about the Consumer Financial Protection Bureau’s (CFPB) merging TILA-RESPA