New mortgage disclosure forms that will potentially make loan signings run smoother will be rolled out in 2015, according to an announcement last month by the Consumer Financial Protection Bureau.
Borrowers frequently have questions and concerns about the terms of their loans because the forms used by most lenders are very complex and often received on short notice. The new standardized forms have been redesigned to simplify key information.
Read the full article from the National Notary Association’s Notary Bulletin.
