On Wednesday, July 2, 2008 at Renton City Hall from 1:30 – 3:30 p.m., there will be a Rulemaking Meeting regarding SHB 2770’s Disclosure Form. This is a form that’s required to be provided from certain loan originators prior to a consumer completing a loan application effective June 12, 2008. If you think a loan package for an application all ready wastes a tree, you can expect more paperwork and disclosure forms on top disclosure forms thanks to our elected officials who just want to make sure you really do understand your mortgage (hint, if you don’t understand your mortgage…you probably need to be working with a different mortgage originator).
Click here to see DFI’s sample form.
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