Here at the CFPB Tech Team, we just launched a pretty cool initiative that lets the public weigh in on our draft designs for a new mortgage disclosure form. What’s a mortgage disclosure form, you ask? Read on! (And participate! And spread the word…) This is a major chance to participate in shaping an important government product that people rely on every day, and we’re asking for feedback early on in the process.
The Consumer Financial Protection Bureau’s mission is to make consumer financial markets work better for all Americans. As a 21st century agency, we are committed to using technology to involve consumers and lenders directly in our work.
Today, we’re doing just that by launching the Know Before You Owe Project.
We’re redesigning and combining the disclosure forms that consumers get before signing on the dotted line of a mortgage they’ve applied for. To create a disclosure that works for you, we need to hear from you.
From May 18th-27th, you can head to http://www.consumerfinance.gov/knowbeforeyouowe and tell us what you think about our new draft disclosure designs. Explore our draft designs before they’re final, and tell us what does and doesn’t work for you. We’ve made it fun, quick, and easy for you to weigh in. Your comments will be delivered to our team, and as our disclosure design firms up, we’ll reach out again over the coming months. At the end, we’ll have a final product that’s been shaped by you from the beginning.
Spread The Word!
Once you’ve weighed in, the most important thing you can do is spread the word. Here’s how:
- Send this message in an e-mail to five friends or colleagues who know or care about these important issues.
- Post a message or link to http://consumerfinance.gov/knowbeforeyouowe on your blog, newsletter, corporate intranet, or e-mail list.
- Use Facebook or Twitter to spread the word to your social networks.