TRID Proposed Rule Summary
This summary provides an overview of the CFPB proposed rule to significantly amend Regulation Z’s TILA/RESPA Integrated Disclosures, or “TRID” requirements. The changes mostly incorporate fixes the agency has suggested in its webinars and FAQs since TRID’s implementation and cover virtually every aspect of the rule, including both the Loan Estimate and Closing Disclosure.
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