The Consumer Financial Protection Bureau opens for comment a proposal to force lenders to offer...

|By:, SA News Editor

The Consumer Financial Protection Bureau opens for comment a proposal to force lenders to offer no-fee, no-point mortgages, so as to make it easier for prospective borrowers to comparison shop. It would also force lenders to offer rate reductions if consumers elected to pay points. Is anyone aware of a mortgage lender that doesn't already offer all of this?