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Comment on CFPB-2012-0022-0001

Document ID: CFPB-2012-0022-0002
Document Type: Public Submission
Agency: Consumer Financial Protection Bureau
Received Date: June 06 2012, at 12:00 AM Eastern Daylight Time
Date Posted: June 6 2012, at 12:00 AM Eastern Standard Time
Comment Start Date: June 4 2012, at 08:00 PM Eastern Standard Time
Comment Due Date: July 9 2012, at 11:59 PM Eastern Standard Time
Tracking Number: 810396dc
View Document:  View as format xml

This is comment on Proposed Rule

Truth in Lending (Regulation Z)

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This rule would help both the consumer and the lender. One would assume that this is taught at the educational level. Especially with the potential income that can be earned from mortgage loans. Because schools offer special certifications (professional certifications) for mortgage loan processing: I am befuddled that this would have to spelled out so clearly. Nevertheless, it should continue to be implemented.

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