{"id":51422,"date":"2011-05-30T00:34:41","date_gmt":"2011-05-30T07:34:41","guid":{"rendered":"http:\/\/blog.movoto.com\/?p=1399"},"modified":"2022-04-11T14:12:12","modified_gmt":"2022-04-11T21:12:12","slug":"streamlined-mortgage-disclosure-forms-could-help-homebuyers","status":"publish","type":"post","link":"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/","title":{"rendered":"Streamlined Mortgage Disclosure Forms Could Help Homebuyers"},"content":{"rendered":"<p><a href=\"https:\/\/s3.amazonaws.com\/movotoblog\/2011\/05\/housecash.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1405\" title=\"housecash\" src=\"https:\/\/s3.amazonaws.com\/movotoblog\/2011\/05\/housecash.jpg\" alt=\"\" width=\"190\" height=\"190\" \/><\/a>According to last week&#8217;s <em><a href=\"http:\/\/online.wsj.com\/public\/page\/news-real-estate-homes.html?mod=WSJ_topnav_realestate_main\">Wall Street Journal<\/a>, <\/em>a new agency formed by President Obama <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748704281504576331713922167874.html?mod=WSJ_RealEstate_LeftTopNews#articleTabs%3Darticle\">aims at simplifying<\/a> the mortgage application process by boiling down mortgage disclosure forms into a single clear-cut document.<br \/>\nThe Consumer Financial Protection Bureau, headed by Elizabeth Warren, hopes to combine existing mortgage disclosure documents in order to make questions of affordability, interest, and other fine print more accessible to the average home-buyer. Many people believe that shoddy, unclear, overwhelming paperwork bears much of the responsibility for the collapse of the housing market.<br \/>\nFor the most part, the response to the plan seems quite positive &#8211; after all, a more straight-forward mortgage disclosure process would protect both consumers and banks in the long run. However, some have pointed to the danger of oversimplifying such an inherently weighty and complicated transaction, and others simply don&#8217;t believe it will be possible.<br \/>\nThe success or failure of the project will mark a milestone for the Consumer Financial Protection Bureau, which is relatively new.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to last week&#8217;s Wall Street Journal, a new agency formed by President Obama aims at simplifying the mortgage application process by boiling down mortgage disclosure forms into a single clear-cut document. The Consumer Financial Protection Bureau, headed by Elizabeth Warren, hopes to combine existing mortgage disclosure documents in order to make questions of affordability, interest, and other fine print more accessible to the average home-buyer. Many people believe that shoddy, unclear, overwhelming paperwork bears much of the responsibility for the collapse of the housing market. For the most part, the response to the plan seems quite positive &#8211; after [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[],"class_list":["post-51422","post","type-post","status-publish","format-standard","hentry","category-finance","post--single"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Streamlined Mortgage Disclosure Forms Could Help Homebuyers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Streamlined Mortgage Disclosure Forms Could Help Homebuyers\" \/>\n<meta property=\"og:description\" content=\"According to last week&#8217;s Wall Street Journal, a new agency formed by President Obama aims at simplifying the mortgage application process by boiling down mortgage disclosure forms into a single clear-cut document. The Consumer Financial Protection Bureau, headed by Elizabeth Warren, hopes to combine existing mortgage disclosure documents in order to make questions of affordability, interest, and other fine print more accessible to the average home-buyer. Many people believe that shoddy, unclear, overwhelming paperwork bears much of the responsibility for the collapse of the housing market. For the most part, the response to the plan seems quite positive &#8211; after [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/\" \/>\n<meta property=\"og:site_name\" content=\"Movoto Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/MovotoRealEstate\/\" \/>\n<meta property=\"article:published_time\" content=\"2011-05-30T07:34:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-11T21:12:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/s3.amazonaws.com\/movotoblog\/2011\/05\/housecash.jpg\" \/>\n<meta name=\"author\" content=\"Movoto Editorial Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@movoto\" \/>\n<meta name=\"twitter:site\" content=\"@movoto\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Movoto Editorial Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/\"},\"author\":{\"name\":\"Movoto Editorial Team\",\"@id\":\"https:\/\/www.movoto.com\/blog\/#\/schema\/person\/06693b6bfbd6fec38952da620bd47c0e\"},\"headline\":\"Streamlined Mortgage Disclosure Forms Could Help Homebuyers\",\"datePublished\":\"2011-05-30T07:34:41+00:00\",\"dateModified\":\"2022-04-11T21:12:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/\"},\"wordCount\":172,\"publisher\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/s3.amazonaws.com\/movotoblog\/2011\/05\/housecash.jpg\",\"articleSection\":[\"Finance Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/\",\"url\":\"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/\",\"name\":\"Streamlined Mortgage Disclosure Forms Could Help Homebuyers\",\"isPartOf\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/s3.amazonaws.com\/movotoblog\/2011\/05\/housecash.jpg\",\"datePublished\":\"2011-05-30T07:34:41+00:00\",\"dateModified\":\"2022-04-11T21:12:12+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/#primaryimage\",\"url\":\"https:\/\/s3.amazonaws.com\/movotoblog\/2011\/05\/housecash.jpg\",\"contentUrl\":\"https:\/\/s3.amazonaws.com\/movotoblog\/2011\/05\/housecash.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.movoto.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Streamlined Mortgage Disclosure Forms Could Help Homebuyers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.movoto.com\/blog\/#website\",\"url\":\"https:\/\/www.movoto.com\/blog\/\",\"name\":\"Movoto Blog\",\"description\":\"Jump-start your real estate journey with expert guidance\",\"publisher\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.movoto.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.movoto.com\/blog\/#organization\",\"name\":\"Movoto by OJO\",\"url\":\"https:\/\/www.movoto.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.movoto.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/movoto.kinsta.cloud\/wp-content\/uploads\/2022\/04\/movoto-by-ojo-blog.png\",\"contentUrl\":\"https:\/\/movoto.kinsta.cloud\/wp-content\/uploads\/2022\/04\/movoto-by-ojo-blog.png\",\"width\":220,\"height\":100,\"caption\":\"Movoto by OJO\"},\"image\":{\"@id\":\"https:\/\/www.movoto.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/MovotoRealEstate\/\",\"https:\/\/x.com\/movoto\",\"https:\/\/www.instagram.com\/movotorealestate\/\",\"https:\/\/www.linkedin.com\/company\/movoto\",\"https:\/\/www.pinterest.com\/movoto\/\",\"https:\/\/www.youtube.com\/user\/movotorealestate\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.movoto.com\/blog\/#\/schema\/person\/06693b6bfbd6fec38952da620bd47c0e\",\"name\":\"Movoto Editorial Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.movoto.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f61431c9d28f042e0ef7d955ee3844a375bfe80a21e14f5f20e2045633240dd4?s=96&d=monsterid&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f61431c9d28f042e0ef7d955ee3844a375bfe80a21e14f5f20e2045633240dd4?s=96&d=monsterid&r=g\",\"caption\":\"Movoto Editorial Team\"},\"sameAs\":[\"https:\/\/www.movoto.com\/\"],\"url\":\"https:\/\/www.movoto.com\/blog\/author\/revans\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Streamlined Mortgage Disclosure Forms Could Help Homebuyers","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/","og_locale":"en_US","og_type":"article","og_title":"Streamlined Mortgage Disclosure Forms Could Help Homebuyers","og_description":"According to last week&#8217;s Wall Street Journal, a new agency formed by President Obama aims at simplifying the mortgage application process by boiling down mortgage disclosure forms into a single clear-cut document. The Consumer Financial Protection Bureau, headed by Elizabeth Warren, hopes to combine existing mortgage disclosure documents in order to make questions of affordability, interest, and other fine print more accessible to the average home-buyer. Many people believe that shoddy, unclear, overwhelming paperwork bears much of the responsibility for the collapse of the housing market. For the most part, the response to the plan seems quite positive &#8211; after [&hellip;]","og_url":"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/","og_site_name":"Movoto Blog","article_publisher":"https:\/\/www.facebook.com\/MovotoRealEstate\/","article_published_time":"2011-05-30T07:34:41+00:00","article_modified_time":"2022-04-11T21:12:12+00:00","og_image":[{"url":"https:\/\/s3.amazonaws.com\/movotoblog\/2011\/05\/housecash.jpg","type":"","width":"","height":""}],"author":"Movoto Editorial Team","twitter_card":"summary_large_image","twitter_creator":"@movoto","twitter_site":"@movoto","twitter_misc":{"Written by":"Movoto Editorial Team","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/#article","isPartOf":{"@id":"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/"},"author":{"name":"Movoto Editorial Team","@id":"https:\/\/www.movoto.com\/blog\/#\/schema\/person\/06693b6bfbd6fec38952da620bd47c0e"},"headline":"Streamlined Mortgage Disclosure Forms Could Help Homebuyers","datePublished":"2011-05-30T07:34:41+00:00","dateModified":"2022-04-11T21:12:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/"},"wordCount":172,"publisher":{"@id":"https:\/\/www.movoto.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/#primaryimage"},"thumbnailUrl":"https:\/\/s3.amazonaws.com\/movotoblog\/2011\/05\/housecash.jpg","articleSection":["Finance Tips"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/","url":"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/","name":"Streamlined Mortgage Disclosure Forms Could Help Homebuyers","isPartOf":{"@id":"https:\/\/www.movoto.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/#primaryimage"},"image":{"@id":"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/#primaryimage"},"thumbnailUrl":"https:\/\/s3.amazonaws.com\/movotoblog\/2011\/05\/housecash.jpg","datePublished":"2011-05-30T07:34:41+00:00","dateModified":"2022-04-11T21:12:12+00:00","breadcrumb":{"@id":"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/#primaryimage","url":"https:\/\/s3.amazonaws.com\/movotoblog\/2011\/05\/housecash.jpg","contentUrl":"https:\/\/s3.amazonaws.com\/movotoblog\/2011\/05\/housecash.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.movoto.com\/blog\/streamlined-mortgage-disclosure-forms-could-help-homebuyers\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.movoto.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Streamlined Mortgage Disclosure Forms Could Help Homebuyers"}]},{"@type":"WebSite","@id":"https:\/\/www.movoto.com\/blog\/#website","url":"https:\/\/www.movoto.com\/blog\/","name":"Movoto Blog","description":"Jump-start your real estate journey with expert guidance","publisher":{"@id":"https:\/\/www.movoto.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.movoto.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.movoto.com\/blog\/#organization","name":"Movoto by OJO","url":"https:\/\/www.movoto.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.movoto.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/movoto.kinsta.cloud\/wp-content\/uploads\/2022\/04\/movoto-by-ojo-blog.png","contentUrl":"https:\/\/movoto.kinsta.cloud\/wp-content\/uploads\/2022\/04\/movoto-by-ojo-blog.png","width":220,"height":100,"caption":"Movoto by OJO"},"image":{"@id":"https:\/\/www.movoto.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/MovotoRealEstate\/","https:\/\/x.com\/movoto","https:\/\/www.instagram.com\/movotorealestate\/","https:\/\/www.linkedin.com\/company\/movoto","https:\/\/www.pinterest.com\/movoto\/","https:\/\/www.youtube.com\/user\/movotorealestate"]},{"@type":"Person","@id":"https:\/\/www.movoto.com\/blog\/#\/schema\/person\/06693b6bfbd6fec38952da620bd47c0e","name":"Movoto Editorial Team","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.movoto.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f61431c9d28f042e0ef7d955ee3844a375bfe80a21e14f5f20e2045633240dd4?s=96&d=monsterid&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f61431c9d28f042e0ef7d955ee3844a375bfe80a21e14f5f20e2045633240dd4?s=96&d=monsterid&r=g","caption":"Movoto Editorial Team"},"sameAs":["https:\/\/www.movoto.com\/"],"url":"https:\/\/www.movoto.com\/blog\/author\/revans\/"}]}},"featured_media_src_url":null,"_links":{"self":[{"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/posts\/51422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/comments?post=51422"}],"version-history":[{"count":1,"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/posts\/51422\/revisions"}],"predecessor-version":[{"id":51694,"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/posts\/51422\/revisions\/51694"}],"wp:attachment":[{"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/media?parent=51422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/categories?post=51422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.movoto.com\/blog\/wp-json\/wp\/v2\/tags?post=51422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}