Consumer Financial Protection Bureau

Title Tip: Avoid Costly Mistakes And Learn to Read a Seller’s Closing Statement

By Lydia Blair / May 4, 2021 /

When it comes to selling a home, there is a lot of paperwork involved. While in the midst of finding a new home, packing and moving, it may be tempting to gloss over the extensive forms and documents. However, it is truly important for sellers to review the financial figures of their transaction prior to closing day.…

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What Will Donald Trump Do as President? Step One: Dismantle Dodd-Frank

By Candy Evans / November 10, 2016 /

We know that president-elect Donald Trump, as a businessman, probably detests regulations as much as any other business owner. While protective, some go too far and tack on extra costs to consumers. You really need a balance — enough law to protect the consumer and punish morons who prey upon the unsuspecting, but not enough…

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Expert Advice: Ready For Fewer Closing Documents? Marcus McCue Says Changes might make it a reality

By Joanna England / October 30, 2012 /

  Changes are coming to some of the key documents that homebuyers sign when they close on a mortgage loan. Government agencies are behind these changes, so it should come as no surprise that they’re late. The changes to the Good Faith Estimate, Truth-in- Lending Disclosure and HUD-1 Settlement Statement — required by the Dodd…

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