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Fannie Mae and Freddie Mac this week unveiled the redesigned Uniform Residential Loan Application, following a directive from the Federal Housing Finance Agency to remove the language preference ...
Mortgage applications can be denied for multiple reasons, including credit issues and changes in employment. If your mortgage application is rejected, you can explore other lenders and loan options ...
The Consumer Financial Protection Bureau (CFPB), which has been working on combining the Truth in Lending form with the Good Faith Estimate since May, is now testing the revised design with consumers ...
"Our new 'Know Before You Owe' mortgage forms improve consumer understanding, aid comparison shopping, and help prevent closing table surprises for consumers," CFPB Director Richard Cordray said in a ...