Consumers and industry pros: CFPB wants to hear from youby Tim Manni
Beginning today, until May 27, 2011, the Consumer Financial Protection Bureau is seeking comment from consumers and industry professionals alike on the design of a new, single-page mortgage disclosure form:
Consumers who apply for mortgage loans get two disclosure forms with basic facts about the loan they’ve applied for. You see the disclosure before you sign on the dotted line – it’s what you know before you owe.
We need your help. We’re designing a single, simpler disclosure. From now until Friday, May 27th, you can review our draft designs, and tell us what you like best. It only takes a few minutes, and your input will be delivered to our team.
Click here to provide your feedback.