News from the Consumer Financial Protection Bureau: The Know Before You Owe mortgage disclosure rule took effect Oct. 3rd. Shopping for the best mortgage for your family and understanding your mortgage loan features is now easier than ever.
Learn more about how these changes to the mortgage process are a step in the right direction: Know Before You Owe: New Mortgage Disclosures, New Rule
The process of understanding and comparing loan offers and terms when choosing a mortgage is now improved with our Loan Estimate. Our new rule provides you with time to review your terms before you sign, and our Closing Disclosure makes understanding your mortgage terms and features straightforward.
About the CFPB
The CFPB is a 21st century agency that helps consumer finance markets work by making rules more effective, by consistently and fairly enforcing those rules, and by empowering consumers to take more control over their economic lives.
Consumer Financial Protection Bureau
1700 G Street NW
Washington, D.C. 20552