The CFPB has issued a long-awaited new rule that combines the TILA and RESPA forms into new “Know Before You Owe” forms that lay out the terms of a mortgage for a homebuyer. The new rule will replace the existing federal disclosures, establish when the new forms are to be given, and limit how the final terms can be changed from the original loan estimate. The forms are available in English and Spanish.  The rule becomes effective August 1, 2015.  Read the new rule.  Read a CFPB fact sheet on the new rule.  (11/20/13)