The Consumer Financial Protection Bureau has developed two new disclosure forms designed to make the mortgage process more manageable for borrowers. But which will help borrowers select the type of mortgage that best meets their needs?
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The applicant who sent the email wanted an answer to one simple question: Were the changes justified or not?
There are two features of the home mortgage market that thwart all efforts to use the GFE as a shopping tool.
It never ceases to amaze me how little first-time buyers know about purchasing a home. It's difficult for a beginner to digest all of the facets of a real estate transaction.
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