Tag: CD

CFPB Updates TRID FAQs and Issues Fact Sheet

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Written by: Tammy Butler, Master CMB-Publisher The CFPB issued two important updates on June 9, 2020. A Fact Sheet called – TRID Title Insurance Disclosures, and an Update to their TRID FAQs. Fact Sheet – TRID Title Insurance Disclosures The fact sheet: •Describes owner’s title insurance and lender’s title insurance. •Discusses how to disclose lender […]

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CFPB FAQ for TILA-RESPA Disclosures (TRID) – Dated February 26, 2020

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Written by: Lloyd Rutherford, Staff Writer The rules of disclosure can be very tricky.  This recent update of FAQs addresses some of the issues lenders have struggled with and is a must read for anyone originating or creating disclosures. Rule Synopsis: The Consumer Financial Protection Bureau issues an FAQ document for the industry that covers […]

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CFPB – Consumer Financial Protection Bureau Releases Final TILA-RESPA Rule – Dated April 26, 2018 – Effective June 1, 2018

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By: Lloyd Rutherford, Staff Writer Lenders and consumers have struggled hard with the 4-day waiting period required for the closing disclosure.  Read through this update to find out what is changing and how it will affect your practices. Rule Synopsis: Consumer Financial Protection Bureau releases notice of final rule for TILA-RESPA. Changes are related to […]

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