Final answer:
According to TILA/RESPA disclosure rules, the forms that must be given are Loan Estimate and Closing Disclosure, and Good Faith Estimate and HUD-1 Settlement Statement.
Step-by-step explanation:
According to TILA/RESPA disclosure rules, the forms that must be given are:
The Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA) are federal laws that govern the disclosure of information and consumer protection in mortgage transactions. They require lenders to provide specific forms to borrowers to ensure transparency and fairness in the mortgage process.
The Loan Estimate and Closing Disclosure are two key forms that provide important details about the loan terms, costs, and other relevant information to borrowers. The Good Faith Estimate and HUD-1 Settlement Statement were forms that were used prior to the implementation of the Loan Estimate and Closing Disclosure.