For consumers who apply for most mortgages on or after October 3, 2015, the stress of shopping for a mortgage will be reduced, as our new mortgage disclosure rule takes effect. The new rule and disclosures ease the process of taking out a mortgage...
Understand your mortgage statement. Guide to your existing mortgage statement Consumer summary for existing mortgages. Sample letters to send to your ...
In order to help financial institutions understand, implement, and comply with our mortgage servicing rules, we provide guides, bulletins, tools and ...
Larger lenders may still make a mortgage loan if your debt-to-income ratio is more than 43 percent, even if this prevents it from being a Qualified Mo ...
What are (discount) points and lender credits and how do they work? ... points and lender credits let you make tradeoffs in how you pay for your mortg ...
When shopping for a mortgage, consumers historically received two different, but overlapping federal disclosure forms explaining the terms and costs ...
What is a mortgage? A mortgage is an agreement between you and a lender that gives the lender the right to take your property if you fail to repay the ...
Find a housing counselor. ... and they can offer independent advice about whether a particular set of mortgage loan terms is a good fit based on your ...
Our mortgage servicing rules that became effective in 2014 require that the companies that collect and process mortgage payments, known as servicers, ...
Thank you for having me today. Over the past five years, the Consumer Financial Protection Bureau and the Mortgage Bankers Association have each been ...
The Bureau of Consumer Financial Protection (Bureau) is proposing various amendments to Federal mortgage disclosure requirements under the Real Estate ...
If you applied for a mortgage on or after October 3, 2015, you will receive a new form, called the Loan Estimate, instead of a GFE for most kinds of m ...
Mortgage help. First thing’s first: There is free foreclosure help. If anyone tries to charge you in advance for help or guarantees that they can stop ...