Changes Will Provide More Clarity, Preserve Protections for Consumers
Washington, D.C. –(ENEWSPF)—July 7, 2017. The Consumer Financial Protection Bureau (CFPB) today finalized updates to its “Know Before You Owe” mortgage disclosure rule with amendments that are intended to formalize guidance in the rule, and provide greater clarity and certainty. The changes will facilitate implementation of the Know Before You Owe rule by the mortgage industry. The CFPB is also releasing a limited follow-up…
