How much is this mortgage going to cost me? How much would the closing costs be for this mortgage? And how do the closing costs compare with other loan offers? You'll find the answers to those and ...
As mystifying as mortgage shopping may feel, it used to be even more confusing. To help consumers better understand the details included in a mortgage lender's loan offer, loan estimates were ...
The Consumer Financial Protection Bureau (CFPB) is rolling out two new mortgage disclosure forms for review and comment. The forms, one a loan estimate and the other a closing disclosure, are intended ...
The Consumer Financial Protection Bureau wants mortgage disclosure forms to be short, simple and in plain English. The proposed “Know Before You Owe” forms unveiled this week summarize the costs and ...
WASHINGTON — The government proposed rules Monday to help Americans understand the costs and risks of getting a mortgage. The Consumer Financial Protection Bureau unveiled redesigned forms that ...
The consumer will see some basic questions answered upfront: “Will my loan amount, interest rate or monthly P&I increase?” All of that seems very straightforward, but what if the loan does have a ...
We’ve got a guest blogger for today’s post! Tim Anderson, director of eServices for DocMagic, Inc. shares some insight on the ruling and how the right technology solution is going to be key in keeping ...
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