It didn't. What it did was push a whole bunch of bullshit requirements out on the loan originators that actually make it harder for the customer to understand what he's spending his money on, and easier for the bank to hide or misrepresent bullshit fees.
And @ "read the bill" That's the new fucking catchphrase with everything. You know why everyone says, "have you actually read the bill?" Because they KNOW the answer is no. Because NO ONE reads that shit. And if they did read the actual text of the bill, they wouldn't have any fucking clue what it meant. Why? Because we're not lawyers, asshole.
What I did was work on the front lines implementing those new policies in the mortgage industry. I had to stand there in front of hundreds of people and "sell" this new process to the people who had to use it every day, knowing that it was only making the situation worse. Why? Because it was federal law and we had no choice.