Sixteen years after Congress ordered other regulators to do it, the Consumer Financial Protection Bureau is poised to streamline disclosures of mortgage costs and require lenders to include all fees in the financing rate.

Its proposal promises an end to years of legal skirmishes over whether to categorize services as closing or financing costs and reflects a broader CFPB effort to improve how loan terms are presented to borrowers.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.