FREE PREVIEW
|
LOGIN OR SUBSCRIBE NOW TO READ THIS ARTICLE
|
Lender trade associations urge bureau to delay effort to streamline closing process
|
Consumer Protection
Wednesday, February 12, 2014
|
|
Industry groups representing mortgage lenders urged the Consumer Financial Protection Bureau to delay its effort to gather information on the closing process until stakeholders can gauge the impact of new mortgage disclosure forms and rules scheduled to take effect in the summer of 2015. The bureau recently asked industry participants and consumers to identify areas where the closing process could be improved. Some industry groups said that while they support efforts to improve the process, now is not the time for the CFPB to gather information.
TO READ THE FULL STORY
|
|
Already a subscriber?
Problems logging in?
Please call 330-659-6101 x 805 or email us for assistance.
|
|
Today's other top stories