A New HUD-1 is Coming . . . Will You Be Ready?

March 27, 2012

During the second portion of the General Session on Monday at ALTA’s Business Strategies Conference, three members of ALTA’s RESPA Implementation Task Force discussed the Consumer Financial Protection Bureau’s (CFPB) plans to create new mortgage disclosures, which will replace the current GFE and HUD-1. The panel discussed what the Task Force is doing to engage the CFPB to ensure the forms benefit both industry and consumers, and urged attendees to submit comments to the CFPB on how the proposed forms will impact business.

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