Tag Archives: consumer protection
Yay for consumer-friendly forms
Beginning Aug. 1, 2015, the Good Faith Estimate and Truth in Lending statement will be replaced by one brand-new document called the Loan Estimate. The new disclosure is a big improvement. Continue reading
Posted in Mortgages
Tagged consumer protection, Mortgages
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Those baffling reverse mortgages
Reverse mortgages are so complex that borrowers frequently don’t understand what they’re getting into, the CFPB says. Continue reading
Posted in Mortgages
Tagged consumer protection, Mortgages, reverse mortgages
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