CFPB RESPA/TILA Rule Reference: 5.1, Page 21-22, CFPB Detailed Summary of the Rule Beginning in May 2011, the Consumer Financial Protection Bureau set out to understand how changes to the layout ...

Loan Estimate vs. Good Faith Estimate Prior to 2015, you would receive a Good Faith Estimate and a Truth in Lending form when you applied for a mortgage. However, these forms weren’t exactly ...

The CFPB says the merged forms will help consumers better understand risky loan features such as prepayment penalties and bigger-than usual periodic payments. The two forms provide a clear breakdown ...

The Loan Estimate In 2015, the Consumer Financial Protection Bureau (CFPB) combined these two forms into one, three-page document that details a borrower’s loan terms and closing costs in a ...

People purchasing homes and refinancing mortgages will have the details of their loans spelled out in simple terms as the government moves to streamline cumbersome disclosure forms. On Wednesday ...

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 ...

The Consumer Financial Protection Bureau proposed two new rules regarding mortgages. One is intended to simply mortgage forms and disclosures. The second would lower broaden the definition of a ...

Government proposes simpler mortgage forms July 9, 2012 / 7:36 PM EDT / AP (AP) WASHINGTON - The government is proposing rules to simplify getting a home mortgage.

The Consumer Financial Protection Bureau took the first steps in revamping the mortgage application process on Wednesday by unveiling two new sample documents that could replace existing federally ...

The Consumer Financial Protection Bureau on Monday released its proposed rule for mortgage disclosure forms designed to help consumers shopping for a home loan. The agency’s 1,099-page proposed ...