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New Consumer Financial Protection Bureau Forms May Mislead Consumers, Complicate Lending

Recently, the Consumer Financial Protection Bureau (CFPB) announced new disclosure rules, which will go into effect this summer. While their activation is still months away, lenders are already weary that it will make the closing process much more complicated, and could possibly mislead consumers. “New disclosure forms for real estate transactions will completely change the […] RISMedia » Today’s Top Story

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