The ink was barely dry on complex new mortgage-disclosure forms and regulatory requirements when the Consumer Financial Protection Bureau floated a new trial balloon: how to improve the mortgage-closing process and its “pain points” for lenders and consumers. Although some industry groups said it is too soon to get into another massive overhaul, others pointed to the forest of overlapping and confusing documents as a good place to start. Michael Heid, president of Wells Fargo Home Mortgage, told...