source:
  type: regulation
  id: reg-z-1026.19
  authority: 12 CFR §1026.19 — Certain mortgage and variable-rate transactions (TRID timing)
  description: 'Regulation Z §1026.19 is the timing and integration rule for the TRID

    Loan Estimate and Closing Disclosure: when the LE must be delivered,

    seven-business-day and three-business-day waiting periods, good-faith

    tolerance buckets, redisclosure triggers, and the no-fee restriction

    before LE delivery.

    '
obligations:
- id: reg-z-1026.19-a
  canonical_id: reg-z-1026.19-a
  section: 12 CFR §1026.19(a)
  description: '(a): (a) Mortgage transactions subject to RESPA —(1)(i) Time of disclosures. In a reverse
    mortgage transaction subject to both § 1026.33 and the Real Estate Settlement Procedures Act ( 12
    U.S.C. 2601 et seq. ) that is secured by the consumer ''s dwelling , the creditor shall provide the
    consumer with good…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.19(e)(1)(iii)(A)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.19
    snapshot_id: 1816460332fc53b5
    fetched_at: '2026-05-22T11:32:35Z'
    content_hash: sha256:5c36de8759e158630b32ae3608645c164d3cd02ff89f14666f57cef3dcc2b414
    paragraph_quote: (a) Mortgage transactions subject to RESPA —(1)(i) Time of disclosures. In a reverse
      mortgage transaction subject to both § 1026.33 and the Real Estate Settlement Procedures Act ( 12
      U.S.C. 2601 et seq. ) that is secured by the consumer 's dwelling , the creditor shall provide the
      consumer with good faith estimates of the disclosures required by § 1026.18 and shall deliver or
      place them in the mail not later than the third business day after the creditor receives the consumer
      's written application. (ii) Imposition of fees. Except as provided in paragraph (a)(1)(iii) of
      this section, neither a creditor nor any other person may impose a fee on a consumer in connection
      with the consumer 's application for a reverse mortgage transaction subject to paragraph (a)(1)(i)
      of this section before the consumer has received the disclosures required by paragraph (a)(1)(i)
      of this section. If the disclosures are mailed to the consumer , the consumer is considered to have
      received them three business days after they are mailed. (iii) Exception to fee restriction. A creditor
      or other person may impose a fee for obtaining the consumer 's credit history before the consumer
      has received the disclosures required by paragraph (a)(1)(i) of this section, provided the fee is
      bona fide and reasonable in amount . (2) Waiting periods for early disclosures and corrected disclosures.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.19 from Cornell LII snapshot 1816460332fc53b5;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.19-i
  canonical_id: reg-z-1026.19-i
  section: 12 CFR §1026.19(i)
  description: '(i): (i) The creditor shall deliver or place in the mail the good faith estimates required
    by paragraph (a)(1)(i) of this section not later than the seventh business day before consummation
    of the transaction. (ii) If the annual percentage rate disclosed under paragraph (a)(1)(i) of this
    section becomes …'
  type: dont
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.19(e)(1)(iii)(A)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.19
    snapshot_id: 1816460332fc53b5
    fetched_at: '2026-05-22T11:32:35Z'
    content_hash: sha256:5c36de8759e158630b32ae3608645c164d3cd02ff89f14666f57cef3dcc2b414
    paragraph_quote: '(i) The creditor shall deliver or place in the mail the good faith estimates required
      by paragraph (a)(1)(i) of this section not later than the seventh business day before consummation
      of the transaction. (ii) If the annual percentage rate disclosed under paragraph (a)(1)(i) of this
      section becomes inaccurate, as defined in § 1026.22, the creditor shall provide corrected disclosures
      with all changed terms. The consumer must receive the corrected disclosures no later than three
      business days before consummation. If the corrected disclosures are mailed to the consumer or delivered
      to the consumer by means other than delivery in person, the consumer is deemed to have received
      the corrected disclosures three business days after they are mailed or delivered. (3) Consumer''s
      waiver of waiting period before consummation. If the consumer determines that the extension of credit
      is needed to meet a bona fide personal financial emergency, the consumer may modify or waive the
      seven-business-day waiting period or the three-business-day waiting period required by paragraph
      (a)(2) of this section, after receiving the disclosures required by § 1026.18. To modify or waive
      a waiting period, the consumer shall give the creditor a dated written statement that describes
      the emergency, specifically modifies or waives the waiting period, and bears the signature of all
      the consumers who are primarily liable on the legal obligation . Printed forms for this purpose
      are prohibited. (4) Notice. Disclosures made pursuant to paragraph (a)(1) or paragraph (a)(2) of
      this section shall contain the following statement: “You are not required to complete this agreement
      merely because you have received these disclosures or signed a loan application.” The disclosure
      required by this paragraph shall be grouped together with the disclosures required by paragraphs
      (a)(1) or (a)(2) of this section.'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.19 from Cornell LII snapshot 1816460332fc53b5;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.19-b
  canonical_id: reg-z-1026.19-b
  section: 12 CFR §1026.19(b)
  description: '(b): (b) Certain variable-rate transactions. Except as provided in paragraph (d) of this
    section, if the annual percentage rate may increase after consummation in a transaction secured by
    the consumer ''s principal dwelling with a term greater than one year, the following disclosures must
    be provided at t…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.19(e)(1)(iii)(A)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.19
    snapshot_id: 1816460332fc53b5
    fetched_at: '2026-05-22T11:32:35Z'
    content_hash: sha256:5c36de8759e158630b32ae3608645c164d3cd02ff89f14666f57cef3dcc2b414
    paragraph_quote: '(b) Certain variable-rate transactions. Except as provided in paragraph (d) of this
      section, if the annual percentage rate may increase after consummation in a transaction secured
      by the consumer ''s principal dwelling with a term greater than one year, the following disclosures
      must be provided at the time an application form is provided or before the consumer pays a non-refundable
      fee, whichever is earlier (except that the disclosures may be delivered or placed in the mail not
      later than three business days following receipt of a consumer ''s application when the application
      reaches the creditor by telephone, or through an intermediary agent or broker): (1) The booklet
      titled Consumer Handbook on Adjustable Rate Mortgages, or a suitable substitute. (2) A loan program
      disclosure for each variable-rate program in which the consumer expresses an interest. The following
      disclosures, as applicable, shall be provided:'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.19 from Cornell LII snapshot 1816460332fc53b5;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.19-i
  canonical_id: reg-z-1026.19-i
  section: 12 CFR §1026.19(i)
  description: '(i): (i) The fact that the interest rate, payment, or term of the loan can change. (ii)
    The index or formula used in making adjustments, and a source of information about the index or formula.
    (iii) An explanation of how the interest rate and payment will be determined, including an explanation
    of how th…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.19(e)(1)(iii)(A)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.19
    snapshot_id: 1816460332fc53b5
    fetched_at: '2026-05-22T11:32:35Z'
    content_hash: sha256:5c36de8759e158630b32ae3608645c164d3cd02ff89f14666f57cef3dcc2b414
    paragraph_quote: (i) The fact that the interest rate, payment, or term of the loan can change. (ii)
      The index or formula used in making adjustments, and a source of information about the index or
      formula. (iii) An explanation of how the interest rate and payment will be determined, including
      an explanation of how the index is adjusted, such as by the addition of a margin. (iv) A statement
      that the consumer should ask about the current margin value and current interest rate.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.19 from Cornell LII snapshot 1816460332fc53b5;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.19-v
  canonical_id: reg-z-1026.19-v
  section: 12 CFR §1026.19(v)
  description: '(v): (v) The fact that the interest rate will be discounted, and a statement that the
    consumer should ask about the amount of the interest rate discount. (vi) The frequency of interest
    rate and payment changes. (vii) Any rules relating to changes in the index, interest rate, payment
    amount , and outstand…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.19(e)(1)(iii)(A)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.19
    snapshot_id: 1816460332fc53b5
    fetched_at: '2026-05-22T11:32:35Z'
    content_hash: sha256:5c36de8759e158630b32ae3608645c164d3cd02ff89f14666f57cef3dcc2b414
    paragraph_quote: '(v) The fact that the interest rate will be discounted, and a statement that the
      consumer should ask about the amount of the interest rate discount. (vi) The frequency of interest
      rate and payment changes. (vii) Any rules relating to changes in the index, interest rate, payment
      amount , and outstanding loan balance including, for example, an explanation of interest rate or
      payment limitations, negative amortization, and interest rate carryover. (viii) At the option of
      the creditor, either of the following: (A) A historical example, based on a $10,000 loan amount
      , illustrating how payments and the loan balance would have been affected by interest rate changes
      implemented according to the terms of the loan program disclosure. The example shall reflect the
      most recent 15 years of index values. The example shall reflect all significant loan program terms,
      such as negative amortization, interest rate carryover, interest rate discounts, and interest rate
      and payment limitations, that would have been affected by the index movement during the period.
      (B) The maximum interest rate and payment for a $10,000 loan originated at the initial interest
      rate (index value plus margin, adjusted by the amount of any discount or premium) in effect as of
      an identified month and year for the loan program disclosure assuming the maximum periodic increases
      in rates and payments under the program; and the initial interest rate and payment for that loan
      and a statement that the periodic payment may increase or decrease substantially depending on changes
      in the rate. (ix) An explanation of how the consumer may calculate the payments for the loan amount
      to be borrowed based on either: (A) The most recent payment shown in the historical example in paragraph
      (b)(2)(viii)(A) of this section; or (B) The initial interest rate used to calculate the maximum
      interest rate and payment in paragraph (b)(2)(viii)(B) of this section.'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.19 from Cornell LII snapshot 1816460332fc53b5;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.19-x
  canonical_id: reg-z-1026.19-x
  section: 12 CFR §1026.19(x)
  description: '(x): (x) The fact that the loan program contains a demand feature. (xi) The type of information
    that will be provided in notices of adjustments and the timing of such notices. (xii) A statement
    that disclosure forms are available for the creditor''s other variable-rate loan programs.'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.19(e)(1)(iii)(A)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.19
    snapshot_id: 1816460332fc53b5
    fetched_at: '2026-05-22T11:32:35Z'
    content_hash: sha256:5c36de8759e158630b32ae3608645c164d3cd02ff89f14666f57cef3dcc2b414
    paragraph_quote: (x) The fact that the loan program contains a demand feature. (xi) The type of information
      that will be provided in notices of adjustments and the timing of such notices. (xii) A statement
      that disclosure forms are available for the creditor's other variable-rate loan programs.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.19 from Cornell LII snapshot 1816460332fc53b5;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.19-c
  canonical_id: reg-z-1026.19-c
  section: 12 CFR §1026.19(c)
  description: '(c): (c) Electronic disclosures. For an application that is accessed by the consumer in
    electronic form, the disclosures required by paragraph (b) of this section may be provided to the
    consumer in electronic form on or with the application.'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.19(e)(1)(iii)(A)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.19
    snapshot_id: 1816460332fc53b5
    fetched_at: '2026-05-22T11:32:35Z'
    content_hash: sha256:5c36de8759e158630b32ae3608645c164d3cd02ff89f14666f57cef3dcc2b414
    paragraph_quote: (c) Electronic disclosures. For an application that is accessed by the consumer in
      electronic form, the disclosures required by paragraph (b) of this section may be provided to the
      consumer in electronic form on or with the application.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.19 from Cornell LII snapshot 1816460332fc53b5;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.19-d
  canonical_id: reg-z-1026.19-d
  section: 12 CFR §1026.19(d)
  description: '(d): (d) Information provided in accordance with variable-rate regulations of other Federal
    agencies may be substituted for the disclosures required by paragraph (b) of this section.'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.19(e)(1)(iii)(A)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.19
    snapshot_id: 1816460332fc53b5
    fetched_at: '2026-05-22T11:32:35Z'
    content_hash: sha256:5c36de8759e158630b32ae3608645c164d3cd02ff89f14666f57cef3dcc2b414
    paragraph_quote: (d) Information provided in accordance with variable-rate regulations of other Federal
      agencies may be substituted for the disclosures required by paragraph (b) of this section.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.19 from Cornell LII snapshot 1816460332fc53b5;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.19-e
  canonical_id: reg-z-1026.19-e
  section: 12 CFR §1026.19(e)
  description: '(e): (e) Mortgage loans—early disclosures —(1) Provision of disclosures —(i) Creditor.
    In a closed-end consumer credit transaction secured by real property or a cooperative unit, other
    than a reverse mortgage subject to § 1026.33 , the creditor shall provide the consumer with good faith
    estimates of the …'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.19(e)(1)(iii)(A)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.19
    snapshot_id: 1816460332fc53b5
    fetched_at: '2026-05-22T11:32:35Z'
    content_hash: sha256:5c36de8759e158630b32ae3608645c164d3cd02ff89f14666f57cef3dcc2b414
    paragraph_quote: (e) Mortgage loans—early disclosures —(1) Provision of disclosures —(i) Creditor.
      In a closed-end consumer credit transaction secured by real property or a cooperative unit, other
      than a reverse mortgage subject to § 1026.33 , the creditor shall provide the consumer with good
      faith estimates of the disclosures in § 1026.37 . (ii) Mortgage broker. (A) If a mortgage broker
      receives a consumer 's application, either the creditor or the mortgage broker shall provide a consumer
      with the disclosures required under paragraph (e)(1)(i) of this section in accordance with paragraph
      (e)(1)(iii) of this section. If the mortgage broker provides the required disclosures, the mortgage
      broker shall comply with all relevant requirements of this paragraph (e). The creditor shall ensure
      that such disclosures are provided in accordance with all requirements of this paragraph (e). Disclosures
      provided by a mortgage broker in accordance with the requirements of this paragraph (e) satisfy
      the creditor's obligation under this paragraph (e). (B) If a mortgage broker provides any disclosure
      under § 1026.19(e) , the mortgage broker shall also comply with the requirements of § 1026.25(c)
      . (iii) Timing. (A) The creditor shall deliver or place in the mail the disclosures required under
      paragraph (e)(1)(i) of this section not later than the third business day after the creditor receives
      the consumer 's application, as defined in § 1026.2(a)(3). (B) Except as set forth in paragraph
      (e)(1)(iii)(C) of this section, the creditor shall deliver or place in the mail the disclosures
      required under paragraph (e)(1)(i) of this section not later than the seventh business day before
      consummation of the transaction. (C) For a transaction secured by a consumer 's interest in a timeshare
      plan described in 11 U.S.C. 101(53D) , paragraph (e)(1)(iii)(B) of this section does not apply.
      (iv) Receipt of early disclosures. If any disclosures required under paragraph (e)(1)(i) of this
      section are not provided to the consumer in person, the consumer is considered to have received
      the disclosures three business days after they are delivered or placed in the mail.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.19 from Cornell LII snapshot 1816460332fc53b5;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.19-v
  canonical_id: reg-z-1026.19-v
  section: 12 CFR §1026.19(v)
  description: '(v): (v) Consumer''s waiver of waiting period before consummation. If the consumer determines
    that the extension of credit is needed to meet a bona fide personal financial emergency, the consumer
    may modify or waive the seven-business-day waiting period for early disclosures required under paragraph
    (e)(1…'
  type: dont
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.19(e)(1)(iii)(A)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.19
    snapshot_id: 1816460332fc53b5
    fetched_at: '2026-05-22T11:32:35Z'
    content_hash: sha256:5c36de8759e158630b32ae3608645c164d3cd02ff89f14666f57cef3dcc2b414
    paragraph_quote: '(v) Consumer''s waiver of waiting period before consummation. If the consumer determines
      that the extension of credit is needed to meet a bona fide personal financial emergency, the consumer
      may modify or waive the seven-business-day waiting period for early disclosures required under paragraph
      (e)(1)(iii)(B) of this section, after receiving the disclosures required under paragraph (e)(1)(i)
      of this section. To modify or waive the waiting period, the consumer shall give the creditor a dated
      written statement that describes the emergency, specifically modifies or waives the waiting period,
      and bears the signature of all the consumers who are primarily liable on the legal obligation .
      Printed forms for this purpose are prohibited. (vi) Shopping for settlement service providers —(A)
      Shopping permitted. A creditor permits a consumer to shop for a settlement service if the creditor
      permits the consumer to select the provider of that service, subject to reasonable requirements.
      (B) Disclosure of services. The creditor shall identify the settlement services for which the consumer
      is permitted to shop in the disclosures required under paragraph (e)(1)(i) of this section. (C)
      Written list of providers. If the consumer is permitted to shop for a settlement service, the creditor
      shall provide the consumer with a written list identifying available providers of that settlement
      service and stating that the consumer may choose a different provider for that service. The creditor
      must identify at least one available provider for each settlement service for which the consumer
      is permitted to shop. The creditor shall provide this written list of settlement service providers
      separately from the disclosures required by paragraph (e)(1)(i) of this section but in accordance
      with the timing requirements in paragraph (e)(1)(iii) of this section. (2) Predisclosure activity
      —(i) Imposition of fees on consumer —(A) Fee restriction. Except as provided in paragraph (e)(2)(i)(B)
      of this section, neither a creditor nor any other person may impose a fee on a consumer in connection
      with the consumer ''s application for a mortgage transaction subject to paragraph (e)(1)(i) of this
      section before the consumer has received the disclosures required under paragraph (e)(1)(i) of this
      section and indicated to the creditor an intent to proceed with the transaction described by those
      disclosures. A consumer may indicate an intent to proceed with a transaction in any manner the consumer
      chooses, unless a particular manner of communication is required by the creditor. The creditor must
      document this communication to satisfy the requirements of § 1026.25. (B) Exception to fee restriction.
      A creditor or other person may impose a bona fide and reasonable fee for obtaining the consumer
      ''s credit report before the consumer has received the disclosures required under paragraph (e)(1)(i)
      of this section. (ii) Written information provided to consumer. If a creditor or other person provides
      a consumer with a written estimate of terms or costs specific to that consumer before the consumer
      receives the disclosures required under paragraph (e)(1)(i) of this section, the creditor or such
      person shall clearly and conspicuously state at the top of the front of the first page of the estimate
      in a font size that is no smaller than 12-point font: “Your actual rate, payment, and costs could
      be higher. Get an official Loan Estimate before choosing a loan.” The written estimate of terms
      or costs may not be made with headings, content, and format substantially similar to form H-24 or
      H-25 of appendix H to this part. (iii) Verification of information. The creditor or other person
      shall not require a consumer to submit documents verifying information related to the consumer ''s
      application before providing the disclosures required by paragraph (e)(1)(i) of this section. (3)
      Good faith determination for estimates of closing costs —(i) General rule. An estimated closing
      cost disclosed pursuant to paragraph (e) of this section is in good faith if the charge paid by
      or imposed on the consumer does not exceed the amount originally disclosed under paragraph (e)(1)(i)
      of this section, except as otherwise provided in paragraphs (e)(3)(ii) through (iv) of this section.
      (ii) Limited increases permitted for certain charges. An estimate of a charge for a third-party
      service or a recording fee is in good faith if: (A) The aggregate amount of charges for third-party
      services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount
      of such charges disclosed under paragraph (e)(1)(i) of this section by more than 10 percent; (B)
      The charge for the third-party service is not paid to the creditor or an affiliate of the creditor;
      and (C) The creditor permits the consumer to shop for the third-party service, consistent with paragraph
      (e)(1)(vi) of this section. (iii) Variations permitted for certain charges. An estimate of any of
      the charges specified in this paragraph (e)(3)(iii) is in good faith if it is consistent with the
      best information reasonably available to the creditor at the time it is disclosed, regardless of
      whether the amount paid by the consumer exceeds the amount disclosed under paragraph (e)(1)(i) of
      this section. For purposes of paragraph (e)(1)(i) of this section, good faith is determined under
      this paragraph (e)(3)(iii) even if such charges are paid to the creditor or affiliates of the creditor,
      so long as the charges are bona fide: (A) Prepaid interest; (B) Property insurance premiums; (C)
      Amounts placed into an escrow, impound, reserve, or similar account; (D) Charges paid to third-party
      service providers selected by the consumer consistent with paragraph (e)(1)(vi)(A) of this section
      that are not on the list provided under paragraph (e)(1)(vi)(C) of this section; and (E) Property
      taxes and other charges paid for third-party services not required by the creditor. (iv) Revised
      estimates. For the purpose of determining good faith under paragraph (e)(3)(i) and (ii) of this
      section, a creditor may use a revised estimate of a charge instead of the estimate of the charge
      originally disclosed under paragraph (e)(1)(i) of this section if the revision is due to any of
      the following reasons: (A) Changed circumstance affecting settlement charges. Changed circumstances
      cause the estimated charges to increase or, in the case of estimated charges identified in paragraph
      (e)(3)(ii) of this section, cause the aggregate amount of such charges to increase by more than
      10 percent. For purposes of this paragraph, “changed circumstance” means: (1) An extraordinary event
      beyond the control of any interested party or other unexpected event specific to the consumer or
      transaction; (2) Information specific to the consumer or transaction that the creditor relied upon
      when providing the disclosures required under paragraph (e)(1)(i) of this section and that was inaccurate
      or changed after the disclosures were provided; or (3) New information specific to the consumer
      or transaction that the creditor did not rely on when providing the original disclosures required
      under paragraph (e)(1)(i) of this section. (B) Changed circumstance affecting eligibility. The consumer
      is ineligible for an estimated charge previously disclosed because a changed circumstance, as defined
      under paragraph (e)(3)(iv)(A) of this section, affected the consumer ''s creditworthiness or the
      value of the security for the loan. (C) Revisions requested by the consumer. The consumer requests
      revisions to the credit terms or the settlement that cause an estimated charge to increase. (D)
      Interest rate dependent charges. The points or lender credits change because the interest rate was
      not locked when the disclosures required under paragraph (e)(1)(i) of this section were provided.
      No later than three business days after the date the interest rate is locked, the creditor shall
      provide a revised version of the disclosures required under paragraph (e)(1)(i) of this section
      to the consumer with the revised interest rate, the points disclosed pursuant to § 1026.37(f)(1),
      lender credits, and any other interest rate dependent charges and terms. (E) Expiration. The consumer
      indicates an intent to proceed with the transaction more than 10 business days , or more than any
      additional number of days specified by the creditor before the offer expires, after the disclosures
      required under paragraph (e)(1)(i) of this section are provided pursuant to paragraph (e)(1)(iii)
      of this section. (F) Delayed settlement date on a construction loan. In transactions involving new
      construction, where the creditor reasonably expects that settlement will occur more than 60 days
      after the disclosures required under paragraph (e)(1)(i) of this section are provided pursuant to
      paragraph (e)(1)(iii) of this section, the creditor may provide revised disclosures to the consumer
      if the original disclosures required under paragraph (e)(1)(i) of this section state clearly and
      conspicuously that at any time prior to 60 days before consummation, the creditor may issue revised
      disclosures. If no such statement is provided, the creditor may not issue revised disclosures, except
      as otherwise provided in paragraph (e)(3)(iv) of this section. (4) Provision and receipt of revised
      disclosures —(i) General rule. Subject to the requirements of paragraph (e)(4)(ii) of this section,
      if a creditor uses a revised estimate pursuant to paragraph (e)(3)(iv) of this section for the purpose
      of determining good faith under paragraphs (e)(3)(i) and (ii) of this section, the creditor shall
      provide a revised version of the disclosures required under paragraph (e)(1)(i) of this section
      or the disclosures required under paragraph (f)(1)(i) of this section (including any corrected disclosures
      provided under paragraph (f)(2)(i) or (ii) of this section) reflecting the revised estimate within
      three business days of receiving information sufficient to establish that one of the reasons for
      revision provided under paragraphs (e)(3)(iv)(A) through (F) of this section applies. (ii) Relationship
      between revised Loan Estimates and Closing Disclosures. The creditor shall not provide a revised
      version of the disclosures required under paragraph (e)(1)(i) of this section on or after the date
      on which the creditor provides the disclosures required under paragraph (f)(1)(i) of this section.
      The consumer must receive any revised version of the disclosures required under paragraph (e)(1)(i)
      of this section not later than four business days prior to consummation. If the revised version
      of the disclosures required under paragraph (e)(1)(i) of this section is not provided to the consumer
      in person, the consumer is considered to have received such version three business days after the
      creditor delivers or places such version in the mail.'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.19 from Cornell LII snapshot 1816460332fc53b5;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.19-f
  canonical_id: reg-z-1026.19-f
  section: 12 CFR §1026.19(f)
  description: '(f): (f) Mortgage loans—final disclosures —(1) Provision of disclosures —(i) Scope. In
    a transaction subject to paragraph (e)(1)(i) of this section, the creditor shall provide the consumer
    with the disclosures required under § 1026.38 reflecting the actual terms of the transaction. (ii)
    Timing —(A) In ge…'
  type: dont
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.19(e)(1)(iii)(A)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.19
    snapshot_id: 1816460332fc53b5
    fetched_at: '2026-05-22T11:32:35Z'
    content_hash: sha256:5c36de8759e158630b32ae3608645c164d3cd02ff89f14666f57cef3dcc2b414
    paragraph_quote: (f) Mortgage loans—final disclosures —(1) Provision of disclosures —(i) Scope. In
      a transaction subject to paragraph (e)(1)(i) of this section, the creditor shall provide the consumer
      with the disclosures required under § 1026.38 reflecting the actual terms of the transaction. (ii)
      Timing —(A) In general. Except as provided in paragraphs (f)(1)(ii)(B), (f)(2)(i), (f)(2)(iii),
      (f)(2)(iv), and (f)(2)(v) of this section, the creditor shall ensure that the consumer receives
      the disclosures required under paragraph (f)(1)(i) of this section no later than three business
      days before consummation. (B) Timeshares. For transactions secured by a consumer 's interest in
      a timeshare plan described in 11 U.S.C. 101(53D) , the creditor shall ensure that the consumer receives
      the disclosures required under paragraph (f)(1)(i) of this section no later than consummation. (iii)
      Receipt of disclosures. If any disclosures required under paragraph (f)(1)(i) of this section are
      not provided to the consumer in person, the consumer is considered to have received the disclosures
      three business days after they are delivered or placed in the mail. (iv) Consumer's waiver of waiting
      period before consummation. If the consumer determines that the extension of credit is needed to
      meet a bona fide personal financial emergency, the consumer may modify or waive the three-business-day
      waiting period under paragraph (f)(1)(ii)(A) or (f)(2)(ii) of this section, after receiving the
      disclosures required under paragraph (f)(1)(i) of this section. To modify or waive the waiting period,
      the consumer shall give the creditor a dated written statement that describes the emergency, specifically
      modifies or waives the waiting period, and bears the signature of all consumers who are primarily
      liable on the legal obligation . Printed forms for this purpose are prohibited.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.19 from Cornell LII snapshot 1816460332fc53b5;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.19-v
  canonical_id: reg-z-1026.19-v
  section: 12 CFR §1026.19(v)
  description: '(v): (v) Settlement agent. A settlement agent may provide a consumer with the disclosures
    required under paragraph (f)(1)(i) of this section, provided the settlement agent complies with all
    relevant requirements of this paragraph (f). The creditor shall ensure that such disclosures are provided
    in accord…'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.19(e)(1)(iii)(A)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.19
    snapshot_id: 1816460332fc53b5
    fetched_at: '2026-05-22T11:32:35Z'
    content_hash: sha256:5c36de8759e158630b32ae3608645c164d3cd02ff89f14666f57cef3dcc2b414
    paragraph_quote: '(v) Settlement agent. A settlement agent may provide a consumer with the disclosures
      required under paragraph (f)(1)(i) of this section, provided the settlement agent complies with
      all relevant requirements of this paragraph (f). The creditor shall ensure that such disclosures
      are provided in accordance with all requirements of this paragraph (f). Disclosures provided by
      a settlement agent in accordance with the requirements of this paragraph (f) satisfy the creditor''s
      obligation under this paragraph (f). (2) Subsequent changes —(i) Changes before consummation not
      requiring a new waiting period. Except as provided in paragraph (f)(2)(ii), if the disclosures provided
      under paragraph (f)(1)(i) of this section become inaccurate before consummation, the creditor shall
      provide corrected disclosures reflecting any changed terms to the consumer so that the consumer
      receives the corrected disclosures at or before consummation. Notwithstanding the requirement to
      provide corrected disclosures at or before consummation, the creditor shall permit the consumer
      to inspect the disclosures provided under this paragraph, completed to set forth those items that
      are known to the creditor at the time of inspection, during the business day immediately preceding
      consummation, but the creditor may omit from inspection items related only to the seller''s transaction.
      (ii) Changes before consummation requiring a new waiting period. If one of the following disclosures
      provided under paragraph (f)(1)(i) of this section becomes inaccurate in the following manner before
      consummation, the creditor shall ensure that the consumer receives corrected disclosures containing
      all changed terms in accordance with the requirements of paragraph (f)(1)(ii)(A) of this section:
      (A) The annual percentage rate disclosed under § 1026.38(o)(4) becomes inaccurate, as defined in
      § 1026.22 . (B) The loan product is changed, causing the information disclosed under § 1026.38(a)(5)(iii)
      to become inaccurate. (C) A prepayment penalty is added, causing the statement regarding a prepayment
      penalty required under § 1026.38(b) to become inaccurate. (iii) Changes due to events occurring
      after consummation. If during the 30-day period following consummation, an event in connection with
      the settlement of the transaction occurs that causes the disclosures required under paragraph (f)(1)(i)
      of this section to become inaccurate, and such inaccuracy results in a change to an amount actually
      paid by the consumer from that amount disclosed under paragraph (f)(1)(i) of this section, the creditor
      shall deliver or place in the mail corrected disclosures not later than 30 days after receiving
      information sufficient to establish that such event has occurred. (iv) Changes due to clerical errors.
      A creditor does not violate paragraph (f)(1)(i) of this section if the disclosures provided under
      paragraph (f)(1)(i) contain non-numeric clerical errors, provided the creditor delivers or places
      in the mail corrected disclosures no later than 60 days after consummation.'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.19 from Cornell LII snapshot 1816460332fc53b5;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.19-v
  canonical_id: reg-z-1026.19-v
  section: 12 CFR §1026.19(v)
  description: '(v): (v) Refunds related to the good faith analysis. If amounts paid by the consumer exceed
    the amounts specified under paragraph (e)(3)(i) or (ii) of this section, the creditor complies with
    paragraph (e)(1)(i) of this section if the creditor refunds the excess to the consumer no later than
    60 days afte…'
  type: dont
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.19(e)(1)(iii)(A)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.19
    snapshot_id: 1816460332fc53b5
    fetched_at: '2026-05-22T11:32:35Z'
    content_hash: sha256:5c36de8759e158630b32ae3608645c164d3cd02ff89f14666f57cef3dcc2b414
    paragraph_quote: '(v) Refunds related to the good faith analysis. If amounts paid by the consumer
      exceed the amounts specified under paragraph (e)(3)(i) or (ii) of this section, the creditor complies
      with paragraph (e)(1)(i) of this section if the creditor refunds the excess to the consumer no later
      than 60 days after consummation, and the creditor complies with paragraph (f)(1)(i) of this section
      if the creditor delivers or places in the mail corrected disclosures that reflect such refund no
      later than 60 days after consummation. (3) Charges disclosed —(i) Actual charge. The amount imposed
      upon the consumer for any settlement service shall not exceed the amount actually received by the
      settlement service provider for that service, except as otherwise provided in paragraph (f)(3)(ii)
      of this section. (ii) Average charge. A creditor or settlement service provider may charge a consumer
      or seller the average charge for a settlement service if the following conditions are satisfied:
      (A) The average charge is no more than the average amount paid for that service by or on behalf
      of all consumers and sellers for a class of transactions; (B) The creditor or settlement service
      provider defines the class of transactions based on an appropriate period of time, geographic area,
      and type of loan; (C) The creditor or settlement service provider uses the same average charge for
      every transaction within the defined class; and (D) The creditor or settlement service provider
      does not use an average charge: (1) For any type of insurance; (2) For any charge based on the loan
      amount or property value; or (3) If doing so is otherwise prohibited by law. (4) Transactions involving
      a seller —(i) Provision to seller. In a transaction subject to paragraph (e)(1)(i) of this section
      that involves a seller, the settlement agent shall provide the seller with the disclosures in §
      1026.38 that relate to the seller''s transaction reflecting the actual terms of the seller''s transaction.
      (ii) Timing. The settlement agent shall provide the disclosures required under paragraph (f)(4)(i)
      of this section no later than the day of consummation. If during the 30-day period following consummation,
      an event in connection with the settlement of the transaction occurs that causes disclosures required
      under paragraph (f)(4)(i) of this section to become inaccurate, and such inaccuracy results in a
      change to the amount actually paid by the seller from that amount disclosed under paragraph (f)(4)(i)
      of this section, the settlement agent shall deliver or place in the mail corrected disclosures not
      later than 30 days after receiving information sufficient to establish that such event has occurred.
      (iii) Charges disclosed. The amount imposed on the seller for any settlement service shall not exceed
      the amount actually received by the service provider for that service, except as otherwise provided
      in paragraph (f)(3)(ii) of this section. (iv) Creditor''s copy. When the consumer ''s and seller''s
      disclosures under this paragraph (f) are provided on separate documents, as permitted under § 1026.38(t)(5)
      , the settlement agent shall provide to the creditor (if the creditor is not the settlement agent)
      a copy of the disclosures provided to the seller under paragraph (f)(4)(i) of this section. (5)
      No fee. No fee may be imposed on any person, as a part of settlement costs or otherwise, by a creditor
      or by a servicer (as that term is defined under 12 U.S.C. 2605(i)(2) ) for the preparation or delivery
      of the disclosures required under paragraph (f)(1)(i) of this section.'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.19 from Cornell LII snapshot 1816460332fc53b5;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.19-g
  canonical_id: reg-z-1026.19-g
  section: 12 CFR §1026.19(g)
  description: '(g): (g) Special information booklet at time of application —(1) Creditor to provide special
    information booklet. Except as provided in paragraphs (g)(1)(ii) and (iii) of this section, the creditor
    shall provide a copy of the special information booklet (required pursuant to section 5 of the Real
    Estate …'
  type: do
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.19(e)(1)(iii)(A)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.19
    snapshot_id: 1816460332fc53b5
    fetched_at: '2026-05-22T11:32:35Z'
    content_hash: sha256:5c36de8759e158630b32ae3608645c164d3cd02ff89f14666f57cef3dcc2b414
    paragraph_quote: (g) Special information booklet at time of application —(1) Creditor to provide special
      information booklet. Except as provided in paragraphs (g)(1)(ii) and (iii) of this section, the
      creditor shall provide a copy of the special information booklet (required pursuant to section 5
      of the Real Estate Settlement Procedures Act ( 12 U.S.C. 2604 ) to help consumers applying for federally
      related mortgage loans understand the nature and cost of real estate settlement services) to a consumer
      who applies for a consumer credit transaction secured by real property or a cooperative unit.
    drafter_attestation: Verbatim subsection of 12 CFR §1026.19 from Cornell LII snapshot 1816460332fc53b5;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.19-i
  canonical_id: reg-z-1026.19-i
  section: 12 CFR §1026.19(i)
  description: '(i): (i) The creditor shall deliver or place in the mail the special information booklet
    not later than three business days after the consumer ''s application is received. However, if the
    creditor denies the consumer ''s application before the end of the three-business-day period, the
    creditor need not pro…'
  type: dont
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.19(e)(1)(iii)(A)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.19
    snapshot_id: 1816460332fc53b5
    fetched_at: '2026-05-22T11:32:35Z'
    content_hash: sha256:5c36de8759e158630b32ae3608645c164d3cd02ff89f14666f57cef3dcc2b414
    paragraph_quote: '(i) The creditor shall deliver or place in the mail the special information booklet
      not later than three business days after the consumer ''s application is received. However, if the
      creditor denies the consumer ''s application before the end of the three-business-day period, the
      creditor need not provide the booklet. If a consumer uses a mortgage broker, the mortgage broker
      shall provide the special information booklet and the creditor need not do so. (ii) In the case
      of a home equity line of credit subject to § 1026.40 , a creditor or mortgage broker that provides
      the consumer with a copy of the brochure entitled “When Your Home is On the Line: What You Should
      Know About Home Equity Lines of Credit,” or any successor brochure issued by the Bureau, is deemed
      to be in compliance with this section. (iii) The creditor or mortgage broker need not provide the
      booklet to the consumer for a transaction, the purpose of which is not the purchase of a one-to-four
      family residential property, including, but not limited to, the following: (A) Refinancing transactions;
      (B) Closed-end loans secured by a subordinate lien; and (C) Reverse mortgages. (2) Permissible changes.
      Creditors may not make changes to, deletions from, or additions to the special information booklet
      other than the changes specified in paragraphs (g)(2)(i) through (iv) of this section.'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.19 from Cornell LII snapshot 1816460332fc53b5;
      body isolated between nav and notes; substring-verified.
  judgment: false
- id: reg-z-1026.19-i
  canonical_id: reg-z-1026.19-i
  section: 12 CFR §1026.19(i)
  description: '(i): (i) In the “Complaints” section of the booklet, “the Bureau of Consumer Financial
    Protection” may be substituted for “HUD''s Office of RESPA” and “the RESPA office.” (ii) In the “Avoiding
    Foreclosure” section of the booklet, it is permissible to inform homeowners that they may find information
    on and…'
  type: dont
  tags:
  - regulator-direct
  - section-complete
  - cfpb-regulation
  primary_source:
    tier: 1
    authority: 12 CFR §1026.19(e)(1)(iii)(A)
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/1026.19
    snapshot_id: 1816460332fc53b5
    fetched_at: '2026-05-22T11:32:35Z'
    content_hash: sha256:5c36de8759e158630b32ae3608645c164d3cd02ff89f14666f57cef3dcc2b414
    paragraph_quote: '(i) In the “Complaints” section of the booklet, “the Bureau of Consumer Financial
      Protection” may be substituted for “HUD''s Office of RESPA” and “the RESPA office.” (ii) In the
      “Avoiding Foreclosure” section of the booklet, it is permissible to inform homeowners that they
      may find information on and assistance in avoiding foreclosures at http://www.consumerfinance.gov
      . The reference to the HUD Web site, http://www.hud.gov/foreclosure/ , in the “Avoiding Foreclosure”
      section of the booklet shall not be deleted. (iii) In the “No Discrimination” section of the appendix
      to the booklet, “the Bureau of Consumer Financial Protection” may be substituted for the reference
      to the “Board of Governors of the Federal Reserve System .” In the Contact Information section of
      the appendix to the booklet, the following contact information for the Bureau may be added: “Bureau
      of Consumer Financial Protection, 1700 G Street NW., Washington, DC 20552; www.consumerfinance.gov/learnmore
      .” The contact information for HUD''s Office of RESPA and Interstate Land Sales may be removed from
      the “Contact Information” section of the appendix to the booklet. (iv) The cover of the booklet
      may be in any form and may contain any drawings, pictures or artwork, provided that the title appearing
      on the cover shall not be changed. Names, addresses, and telephone numbers of the creditor or others
      and similar information may appear on the cover, but no discussion of the matters covered in the
      booklet shall appear on the cover. References to HUD on the cover of the booklet may be changed
      to references to the Bureau. [ 76 FR 79772 , Dec. 22, 2011, as amended at 78 FR 80108 , Dec. 31,
      2013; 80 FR 8776 , Feb. 19, 2015; 82 FR 37768 , Aug. 11, 2017; 83 FR 19174 , May 2, 2018] CFR Toolbox
      Law about... Articles from Wex Table of Popular Names Parallel Table of Authorities Accessibility
      About LII Contact us Advertise here Help Terms of use Privacy'
    drafter_attestation: Verbatim subsection of 12 CFR §1026.19 from Cornell LII snapshot 1816460332fc53b5;
      body isolated between nav and notes; substring-verified.
  judgment: false
