Could regulators use licensing data on the new Closing Disclosure form to track the marketing activities of mortgage originators?

The fifth page of the form, part of the new integrated disclosures tied to the Truth in Lending and Real Estate Settlement Procedures acts, has a box that calls for the license numbers of the buyer's and seller's real estate agents plus the settlement service provider.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry