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#1553184 - 05/18/11 04:46 PM let's ALL weigh in
Phoenix Offline
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I'm sure we all have opinions to provide....

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Last edited by Truffle Royale; 05/18/11 11:33 PM. Reason: link corrected
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#1553270 - 05/18/11 06:03 PM Re: let's ALL weigh in Phoenix
Tater Offline
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I voted for A.
Born once? Die twice.
Born twice? DIE ONCE!

Loan Review, HMDA, ALLL

Opinions are my own and do not reflect any others

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#1553302 - 05/18/11 06:31 PM Re: let's ALL weigh in Tater
AuditorK Offline
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Another vote for Option A.

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#1553305 - 05/18/11 06:32 PM Re: let's ALL weigh in AuditorK
Still Smiling Offline
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Option A...totally!
Comments are strictly my own and not that of my employer.

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#1553423 - 05/18/11 07:56 PM Re: let's ALL weigh in Still Smiling
Beachbum, CRCM Offline
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Knee Deep in Regs
yes, A. much easier to read
What we think, we become.

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#1553427 - 05/18/11 08:04 PM Re: let's ALL weigh in Beachbum, CRCM
TB 12 Offline
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I prefer B.
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#1553551 - 05/18/11 11:06 PM Re: let's ALL weigh in TB 12
Moman Offline
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"B" - it's bolder. There were areas of "A" I liked, but I think B's bold tabs will draw attention to the important terms better than A. Can we get rid of "Annual Percentage Rate" and go with "Effective Rate", or another better descriptor?

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#1553552 - 05/18/11 11:20 PM Re: let's ALL weigh in Moman
Truffle Royale Offline

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A is much easier to follow, imho. Vertical usually is when you're talking numbers. Horizontal is for words, not numbers. A is more like a tax form that people are familiar with. You just keep following the columns down until you get to the amount due.

But they need a better term for government charges, among others.

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#1553556 - 05/18/11 11:50 PM Re: let's ALL weigh in Truffle Royale
Kathleen O. Blanchard Offline

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Kathleen O. Blanchard
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I think it is a great first effort, certainly a step in the right direction.
Kathleen O. Blanchard, CRCM "Kaybee"
HMDA/CRA Training/Consulting/Mapping
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#1553604 - 05/19/11 01:10 PM Re: let's ALL weigh in Kathleen O. Blanchard
DD Regs Offline
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Somewhere in the middle
I like A the most, but would like a combination o the two.

I like B's header. I don't like how A's got the Loan Type , prgram applicants name under the Loan Estimate heading.

Unde the "Comparisons" heading, I like the wording of B, but the style of A. So wold prefer A read, "In 5 Years....$79,993 is hte amount you will have paid, of which, $19,761 is the amount of the loan paid off."

I agree,on page two the "government Charges" is too broad.
I'm only responsible for what I say, not for what you understand.

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#1553614 - 05/19/11 01:30 PM Re: let's ALL weigh in DD Regs
Patricia Offline
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A is easier to read but I like how B reads at the top (the info before Loan Estimate)

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#1553663 - 05/19/11 02:26 PM Re: let's ALL weigh in Patricia
#Just Jay Offline
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A seems to me to be disjointed and out of order, and not well detailed. I prefer B, even though it too needs some help.
I don't repeat gossip, so listen closely...

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#1553678 - 05/19/11 02:41 PM Re: let's ALL weigh in #Just Jay
Truffle Royale Offline

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Did you all leave a comment on the page I corrected the link above to open to?

It's our opportunity to go beyond just liking one form or the other so I encourage you to spell out your concerns. No quarantees they'll be acted on but it's like voting. You can't complain unless you make your voice heard.

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#1553717 - 05/19/11 03:41 PM Re: let's ALL weigh in Truffle Royale
Reads Regs Offline
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Please see my post in the thread about the forms in the Financial Reform forum. I think the CFPB is randomly rotating the order of Option A and Option B.
Opinions expressed are my own and not necessarily those of my employer. They are not legal advice.

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#1553863 - 05/19/11 05:47 PM Re: let's ALL weigh in Reads Regs
MN Banker Offline
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Is there a way to combine the 3 different threads on this topic??

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#1556158 - 05/24/11 10:25 PM Re: let's ALL weigh in MN Banker
YosemiteSamIAm Offline
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A is much bolder and better laid out, IMHO. B tends to run together.
Sorry, did I just use my outside voice?

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#1556168 - 05/24/11 10:51 PM Re: let's ALL weigh in YosemiteSamIAm
ackcompliance Offline
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I thought that A was better and would be easier for the consumer to follow. As mentioned above it is more like a tax form that we are already used to looking at. I think it's easier to read down the columns instead of reading down and then over like the example in B.

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