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Home » Store » Technology » Lenders Take More Control Over Closing Process

Lenders Take More Control Over Closing Process

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Technology

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This year could be a watershed moment for mortgage lending as industry representatives feel their way around a brand new approach to closing disclosures, thanks to the pending implementation of the integrated disclosure rule from the Consumer Financial Protection Bureau. As a result, it’s likely that more lenders will assume greater control over the closing process as well as the end product. The new closing form is “unlike anything the industry has seen before ...
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