The Consumer Financial Protection Bureau has issued the 1st proposed Settlement Disclosure Form which will replace the GFE HUD 1/1A.
As many of you know these prototypes have been a roller-coaster ride regarding whether itemization has returned. Based on a quick view of the new CFPB Settlement Disclosure Statement it appears we may be headed back towards more resemblance to the original HUD 1/1A.
Hornbeam example (pdf file)
Ironwood example (pdf file)
You may vote your preference at KNOW BEFORE YOU OWE.
The tolerance section has been redesigned. There's a "total" 10% tolerance whereas the current GFE HUD 1/1A has 3 sections for tolerances.
We will obviously have to wait for further clarification and rule pronouncements to know the details.