There’s a lot to like about the proposed mortgage disclosures, tech provider says

The real estate settlement services industry is anxiously awaiting the finalization of Consumer Financial Protection Bureau rules that will merge the various mortgage disclosures required under the Real Estate Settlement Procedures Act and the Truth in Lending Act. The new forms will take money, time and effort to implement. However, an industry expert says the forms proposed by the bureau have some specific advantages over those that are currently in use. Read on for the details, as our coverage of the 2013 National Settlement Services Summit continues.