The Consumer Financial Protection Bureau today released a fact sheet that covers the basics of using the TILA-RESPA integrated disclosures for construction loans. The fact sheet includes information on which construction loans are covered by TRID (open-end transactions or loans for a commercial purpose are not covered), as well as existing provisions for construction loan disclosures and guidance on disclosures for a loan with permanent financing as either one or two loans.
Survey: Millennials lead in saving for emergencies
The survey found differences in each generation's approach to money. It also reported four strategies that, according to those surveyed, help build financial wellness: saving regularly, budgeting, reducing unnecessary spending and paying down debt.








