Are lenders’ “junk fees” pushing the high cost of closing on a home even higher? The federal government thinks so.
The Consumer Financial Protection Bureau (CFPB) says fees need to be more transparent, understandable, and reasonable.
Why are the fees charged? Are they really “junk”? Do borrowers get a say in what they pay? Let’s take a look.
Continue reading “Consumer Financial Protection Bureau Gets Tough on Mortgage Loan Junk Fees”