New Consumer Bureau Proposes Simplified Mortgage Disclosure Forms

The Consumer Financial Protection Bureau releases two prototypes of shorter and easier-to-understand disclosure forms that lenders must give home buyers when they apply for a home loan.The blizzard of complex disclosure forms required in getting a mortgage soon could ease a bit as a new federal agency tries to streamline and simplify an important part of the process.

BING NEWS:
  • New CFPB report looks at reverse mortgage activity in 2023
    A new CFPB report based on 2023 HMDA data assesses the reverse mortgage industry landscape that year, and the shifts at the top of the industry.
    01/11/2025 - 10:42 am | View Link
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