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Treasury Moves To Revise Respa Forms And To Simplify Truth In Lending Disclosures

Anyone who has had the experience of obtaining bank financing for the purchase of a home can appreciate the need for simplification of the forms provided by the lender that detail the closing costs associated with the transaction. Consumer advocacy groups, lenders and other interested parties were invited to a forum this past week by the Treasury Department to discuss ways to simplify the details as closing costs charged to borrowers. Read more

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