This is it! The CFPB is testing its fourth and expected final version of a combined TIL and GFE form and needs to hear directly from you on how they will affect real estate closings and your business.

Remember the headaches from HUD’s RESPA reform in 2009? The Consumer Financial Protection Bureau (CFPB) is making changes again. The CFPB is in the final stages of re-writing and combining the GFE and TILA forms and will begin discussing a new HUD-1 this fall.

You can have a voice in this process. ALTA is engaged, but we also need as many people from the industry as possible to provide feedback to the CFPB.

What you can do:

  1. Comment on the new forms by clicking HERE, be sure to use the industry tool. The CFPB is especially interested in;
    1. If you’re a consumer, which product would you choose?
    2. If your work puts you in a position to advise potential borrowers, which would you recommend?
    3. What questions would you have after looking at these two loans using the fourth version of the form?
  2. Sign up to receive future notifications on the website.
  3. Forward this email to others in the industry including co-workers and employees.

Providing input is easy and signing up only requires your email address and zip code. Your participation and help will only take a few minutes.


For more information on the CFPB’s Know Before You Owe click here. Thank you for taking action! Please reach out to Nick Hacker at with any questions about ALTA’s grassroots action alerts.