The New CFPB Mortgage Disclosure Forms May Help Prevent Another Meltdown

Jeff Sovern thinks the new CFPB mortgage disclosure forms will help prevent the next housing meltdown:

THIS month the Consumer Financial Protection Bureau proposed new rules to clarify the terms of housing loans for millions of homeowners. This sounds like a minor improvement, but in fact it’s a significant step toward preventing another subprime disaster.

Read Help for the Perplexed Home Buyer at the New York Times.