Industry NewsMortgage

Regulators propose new mortgage disclosure forms

Goal is 'restoring trust in the mortgage market'
Published on Jul 10, 2012 | Updated on Apr 23, 2013

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by CareyBot

After a year and a half of research and review, the Consumer Financial Protection Bureau released simplified mortgage disclosure forms Monday that it hopes will make it easier for borrowers to understand the terms and costs of their loans and therefore be a step toward "restoring trust in the mortgage market" after the housing bubble.

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