New Mortgage Rules Tell More, Cause Delay

St. Louis Post-Dispatch, Nov. 2015–Gallagher, Jim

New federal rules on mortgages are designed to make sure consumers understand what they’re signing up for, and prevent nasty surprises at the closing table. But the rules, which took effect last month, may also be stretching out the time it takes to close on a home purchase or refinance a loan for some.