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 ...
Closing disclosures are forms your lender must provide you three days ahead of closing. These five-page forms contain important information about your mortgage and closing costs. Take the time to ...
As consumers, we like to be well-informed before we make any purchase. From small items like food and clothing, to big-ticket items like electronics and automobiles, we want to know everything we can ...
The TRID Rule has been in effect for exactly 5 years (October 3, 2015) and the Consumer Financial Protection Bureau (CFPB) has published an assessment of its effects and effectiveness. The TRID Rule ...
WASHINGTON, D.C. — The Consumer Financial Protection Bureau released a much-anticipated final rule that merged mortgage disclosure forms in an effort to help consumers more clearly understand the ...
Whether someone is a first-time home buyer or looking for a dream retirement home, buying a house can be a stressful and confusing process. No matter the size of the home someone may be considering or ...
The closing disclosure is one of the most important documents you’ll get during the mortgage process because it spells out all of the details of your home loan—including the money you’ll need to bring ...
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