The new Consumer Financial Protection Bureau recently announced plans to simplify the mortgage paperwork that has long confused potential homebuyers. "The current forms can be complicated and difficult for consumers to use. They are also redundant and can be…

Paul Solman: We asked a number of people in the personal finance business and others close to the credit crisis to weigh in on the Obama administration’s new consumer protection proposal. I’m struck by Doug Elliott’s admonitions, especially his last…

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