The Consumer Financial Protection Bureau added another item to its list of proposed burdensome regulations for mortgage providers. (Sorry, sarcastic mood this morning.)

Besides requiring lenders to offer clearer billing statements to customers and give advance warning of interest-rate changes, the CFPB also wants to force lenders to simplify the way they handle points and fees so consumers can understand what they’re signing.

For example, lenders can offer all sorts of discounts for points, but they’ll also have to offer an option with no such discounts — that way borrowers will be able to compare loan rates between lenders.

The CFPB is also considering banning origination charges that vary by loan size — origination fees will have to be flat, per loan.

Those rules are expected to take effect in January 2013.

Read more at Housing Wire.