Mortgage lender representatives urged the CFPB recently to delay its project to address the “pain points” associated with the mortgage closing process until after its integrated disclosure rule under the Real Estate Settlement Procedures Act and the Truth in Lending Act takes effect and is fully digested by the industry. “The new rule is intended to greatly simplify consumer disclosures, eliminate surprises at closing and broadly improve the consumer experience,” said the American Bankers Association, the Financial Services Roundtable of the...