The Consumer Financial Protection Bureau is testing a new, simpler home-loan disclosure form to...

|By:, SA News Editor

The Consumer Financial Protection Bureau is testing a new, simpler home-loan disclosure form to make it easier for home buyers to shop for a mortgage. So what's not to like? Banks say new forms could "stifle" new products, but the more likely concerns are cost uncertainties and changes that "could involve lawyers and create a class-action nightmare."