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CFPB deputy: Disclosure rule deadline may be extended

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Mortgage Professional America | 25 Mar 2015, 02:47 PM Agree 0
The CFPB may delay the deadline for new mortgage disclosure forms, the agency's second-in-command says
  • gh | | 25 Mar 2015, 03:27 PM Agree 0
    usual crap from those that do not deal with the rules they dream up. No question government total control is so much better for the country. Or so that is what we are fed daily. Fire all the buttholes at the top . Tell them to handle their own affairs before further screwing up the country. Although this is what the socialists is there for anyway.
  • Nancy V | | 25 Mar 2015, 04:19 PM Agree 0
    gh you took the words right out of my mouth. What happens when a lock is expiring? What happens when the seller will not give "another" extension? What happens when your are fighting the clock on a Renovation Loan with FNMA? And so on.
  • mortfreak | | 26 Mar 2015, 10:12 AM Agree 0
    I can see normal locks going to 60 days, just to protect the buyer. To bad the consumer will pay for this.
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