CUNA, NAFCU and other trades also ask for written guidance.
But Dodd-Frank requires fees and closing costs to be included in calculations, so bureau finding a way, director said.
Credit unions can now comment on the Consumer Financial Protection Bureau’s latest draft of its mortgage disclosure forms.
During its first month in existence, the Consumer Financial Protection Bureau has spoken softly and not carried a big stick.
New form combines Truth in Lending, RESPA rules, expected to be released Wednesday.