WASHINGTON-The Consumer Financial Protection Bureau said its proposed revisions to mortgage disclosure forms, part of its "Know Before You Owe" mortgage project, includes the following changes:

* The new forms are simpler. The agency said its proposed changes mean consumers can understand and compare different mortgages more effectively, and examine their estimated and final terms and costs more easily, helping them make the right decisions for themselves and their families.

Subscribe Now

Authoritative analysis and perspective for every segment of the credit union industry

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.