The Department of Housing and Urban Development is expected to unveil a controversial solution Wednesday to a long-simmering controversy over mortgage broker compensation.

The department will propose requiring mortgage brokers to tell borrowers in advance how high fees and interest rates could get, sources said.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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