Help for struggling military homeowners
Military families throughout the country are not immune to the ongoing housing crisis.
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The CFPB: Applying the lessons of the financial crisis
This Thursday afternoon, we're hosting an event in Philadelphia where Raj Date and local leaders will discuss the lessons learned from the mortgage market...
Know Before You Owe: And now for something completely different…
In the first three rounds of Know Before You Owe, we asked you to compare different draft versions of a simplified mortgage disclosure form. Round 1 was...
Know Before You Owe: Weigh in now!
In May, we introduced the Know Before You Owe project to give consumers, lenders, and other industry participants a way to help us make mortgage shopping...
Mortgage disclosures are getting better, thanks to you.
On July 21st, the Bureau opened its doors for business. That means that we have started taking your credit card complaints, and initiated the supervision...
Preserving a level playing field and access to mortgages
Today, the CFPB is issuing an interim rule effective immediately to fill a regulatory gap. Some lenders are chartered or licensed by states, while others...
Know Before You Owe: We’re Back!
Last month, we introduced the Know Before You Owe project to give consumers, lenders, and other industry participants a way to help us make mortgage...
Mortgage Disclosure Is Heating Up
Previously, we talked about participation by people from locations all over the country in the Know Before You Owe project. Today, we want to share some...
13,000 Lessons Learned
As you might recall, the Dodd-Frank Act instructed the CFPB to replace the Truth in Lending form and the Good Faith Estimate with a single integrated mortgage disclosure.
Know Before You Owe, Credit Unions, and Community Banks
As you have been reading here on the blog, we released the first draft versions of a combined Good Faith Estimate and Truth in Lending disclosure form in...
Know Before You Owe: Where Did the Online Participants Come From?
We received thousands of comments in response to the first phase of our Know Before You Owe project, which asked the public for input on a single, simpler...
Working to Give Consumers the Transparency They Deserve
Today, Professor Warren is testifying before Congress on our progress in building the consumer bureau. In her written testimony, she discusses our Know...
Know Before You Owe. Go!
We've just posted two draft designs for a single, simpler mortgage disclosure form on our Know Before You Owe page. Now, we need to hear from you! The task...
Know Before You Owe: Designing a New Disclosure
This is the second in a series of blog posts about the Know Before You Owe project. To stay informed, sign up for e-mail updates. If you were designing a...
Know Before You Owe: Help Us Make Your Mortgage Forms Better
Let's say you want to buy a home or refinance your mortgage. You might be in the market to buy today, or you might be planning to do so down the road. You...