Published: Sept 30, 2015 5:00 a.m. ET
CFPB’s “Know Before You Owe” gives consumers more time to review loan documents
After being delayed all summer, a new rule from the Consumer Financial Protection Bureau will go into effect on Oct. 3 that will require banks to give consumers more time to review loan documents. But lenders are still warning that the new rules could slow down the time needed to close by at least a week — and won’t sort itself out for several months.