CFPB Finalizes Updates to “Know Before You Owe” Mortgage Disclosure-Dated July 7-2017-Effective-60 Days After Posting in Federal Register-Mandatory Implementation is no later than 10-1-2018.

Rule Synopsis: TRID (TILA-RESPA Integrated Disclosures) was implemented October 1, 2015. However, like all new regulations, there are always clarifications and technical issues that need to be addressed based on the feedback from those having to implement the rule. The TRID rule was comprehensive, changed the way we disclose to consumers and quite confusing when [...]