Consumers Stand to Win Big With Proposed ‘Know Before You Owe’ Rule Coming Their Way
WASHINGTON (July 29, 2016) — Since the October 2015 implementation of the Consumer Financial Protection Bureau’s ‘Know Before You Owe’ mortgage initiative, Realtors® have raised red flags over challenges in gaining access to what’s known as the mortgage “closing disclosure” form, or CD. The CD is delivered to homebuyers in advance of their closing and…