On July 21, 2015, the Consumer Financial Protection Bureau issued a final rule delaying the effective date of the Know Before You Owe mortgage disclosure rule, also known as the TILA-RESPA Integrated Disclosures rule, to Saturday October 3, 2015. The rule requires simpler mortgage disclosure forms that clearly illustrate the terms of a mortgage for a homebuyer. The CFPB made the change to fix an administrative error that would have delayed the August 1, 2015 effective date of the rule until at least August 15, 2015. The final rule also includes technical corrections to two provisions of the Know Before You Owe mortgage disclosure rule.
The final rule is available at: http://files.consumerfinance.gov/f/201507_cfpb_2013-integrated-mortgage-disclosures-rule-under-the-real-estate-settlement-procedures-act-regulation-x-and-the-truth-in-lending-act-regulation-z-and-amendments-delay-of-effective-date.pdf
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