federal_register: 2013-31436

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
2013-31436 Request for Information Regarding the Mortgage Closing Process Notice This notice requests information from the public about mortgage closing. Specifically, the Consumer Financial Protection Bureau (CFPB) seeks information on key consumer "pain points" associated with mortgage closing and how those pain points might be addressed by market innovations and technology. The CFPB seeks to encourage the development of a more streamlined, efficient, and educational closing process as the mortgage industry increases its usage of technology, electronic signatures, and paperless processes. The next phase of CFPB's Know Before You Owe initiative aims to identify ways to improve the mortgage closing process for consumers. This project will encourage interventions that increase consumer knowledge, understanding, and confidence at closing. This notice seeks information from market participants, consumers, and other stakeholders who work closely with consumers. The information will inform the CFPB's understanding of what consumers find most problematic about the current closing process and inform the CFPB's vision for an improved closing experience. 2014-01-03 2014 1 https://www.federalregister.gov/documents/2014/01/03/2013-31436/request-for-information-regarding-the-mortgage-closing-process https://www.govinfo.gov/content/pkg/FR-2014-01-03/pdf/2013-31436.pdf Consumer Financial Protection Bureau 573 This notice requests information from the public about mortgage closing. Specifically, the Consumer Financial Protection Bureau (CFPB) seeks information on key consumer "pain points" associated with mortgage closing and how those pain points might be...  

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