In 2012, Washington’s Legislature changed their laws concerning the delivery of the WA Disclosure Summary so that providing the disclosures required under RESPA and TILA fulfills the requirements of Wash. Rev. Code Ann. § 19.144.020 and can be used in lieu of the Disclosure Summary (see our announcement concerning this at http://www.docutechcorp.com/configuration-changes-wa-disclosure-summary-cx13539).
While most of our clients have opted to follow this alternative, there are a few who still provide the Disclosure Summary. Pursuant to directions from the Department of Financial Institutions on their website (http://www.dfi.wa.gov/banks/forms.htm), we will be reverting back to the 2008-version of this form from the 2010-version which is currently being used.
This change will take effect on September 30, 2014. If you have any questions or concerns about this change, please contact Client Support at 1.800.497.3584.
September 23, 2014