HousingWire reports that Elizabeth Warren and the Consumer Financial Protection Bureau (CFPB) unveiled two prototype mortgage disclosure forms intended to add transparency and simplification to consumers’ mortgage shopping process.  Part of CFPB’s Know Before You Owe program, the samples will be tested in six different markets around the country this summer.  Warren, who may be the new agency’s first director, said, “Getting stuck with the wrong loan can cost a family tens of thousands of dollars over the life of the loan.”  She says the new form will allow potential borrowers to determine if they can afford a particular loan, and if they should shop elsewhere.  Meanwhile, the American Bankers Association (ABA) intends to provide its assessment of the new forms.