Truth in Lending or COnfusion for All!?

Real Estate Agent with Prestige Properties

Does anybody know exactly what the new Truth in Lending regulations are.  I keep hearing rumors and I have seen a few items in print but it all just seems crazy to me.

Exactly what is the government doing?  I do not see how any of the new regulations help anybody.  It seems to only add to the frustration and cost that the buyer will have.

If anybody has actual information please post it so the rest of us can understand it.

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