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NAFCU Vice President of Regulatory Affairs Carrie Hunt has sent a letter to Elizabeth Vale, assistant director of community banks and credit unions at the Consumer Financial Protection Bureau, regarding the agency’s most recent draft of prototype mortgage disclosure forms.

In the letter, Hunt says that the draft forms represent an improvement over the prior versions the agency had put out for comment, and that NAFCU prefers the Sassafras Bank form as it is slightly easier to read. However, she says that NAFCU still has concerns with certain aspects of the forms.

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