Wednesday, May 18, 2011

Treasury Asking for Industry, Consumer Feedback on Prototypes That CombineTwo Mortgage Disclosure Forms.

Treasury PR is HERE

Prototypes of disclosures can be found HERE; feedback sought from consumers and industry on differing versions.

PR announces the :
..Know Before You Owe project, an effort to combine two federally required mortgage disclosures into a single, simpler form that makes the costs and risks of the loan clear and allows consumers to comparison shop for the best offer.
Originally created and posted on the Oregon Housing Blog.

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