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CFPB: Consumers ‘Fraught with Anxiety’ Closing Mortgages

Posted by: In: Real Estate 23 Apr 2014 Comments: 0 Tags: ,

As part of its “Know Before You Owe” initiative to streamline mortgage lending, CFPB released Wednesday the results of a year of research on the closing process, including comments collected from both consumers and market participants. The findings indicate frustration all around. “Mortgage closings are often fraught with anxiety,” said CFPB Director Richard Cordray.

The post CFPB: Consumers ‘Fraught with Anxiety’ Closing Mortgages appeared first on DSNews.com.

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Source: DSNews



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