More CFPB forms for Comment

06/28/2011 1:30 PM | Anonymous

The Consumer Financial Protection Bureau is asking the mortgage finance industry to comment on a second set of prototype mortgage disclosure forms.

The forms are part of the CFPB's plan to design and reveal sample mortgages, with the aim of rolling the forms into the marketplace to simplify home loan documents for homebuyers.

To offer comments directly to CFPB and to review the forms, 

click Here

The click "Switch to Industry Tool" choice (to the right of the Green "Consumer Tool" button


It will present both forms and you can provide your comments and feedback directly to the CFPB.

Please review these forms and offer your comments and suggestions

Comments

  • 06/28/2011 3:07 PM | James Russick (Administrator)
    The forms are substantively identical with the only difference being the form of page two. Do you prefer the single column or the double column format. Personally, I prefer the single as I think it easier to double check the math. But there really is no right or wrong answer here.
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