Though recent changes have helped make loan documents more understandable for borrowers, some people with more complicated mortgages are still struggling to grasp the terms, and the Federal Reserve is now addressing that issue. As of Jan. 30, lenders will be required to provide more detailed, easier-to-read disclosures of the interest rates and monthly payments associated with all mortgages, most significantly adjustable-rate mortgages, or ARMs, the New York Times reported. The Fed guidelines also apply to other types of variable mortgages, including negative-amortization loans, interest-only loans and introductory loans, among others. [more]