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BILLING CODE: 4810AMP BUREAU OF CONSUMER FINANCIAL PROTECTION Final Redesigned Uniform Residential Loan Application Status under Regulation B AGENCY: Bureau of Consumer Financial Protection. ACTION:
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Final redesigned uniform residential is the updated version of the standardized form used by lenders to gather information about borrowers during the mortgage application process.
Lenders are required to file the final redesigned uniform residential form when processing a mortgage application.
To fill out the final redesigned uniform residential form, borrowers need to provide detailed information about their financial situation, employment history, and creditworthiness.
The purpose of the final redesigned uniform residential form is to help lenders assess the creditworthiness of borrowers and make informed decisions about mortgage approvals.
Information such as income, assets, debts, employment history, and credit history must be reported on the final redesigned uniform residential form.
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