The Consumer Financial Protection Bureau has issued a detailed summary of the changes and clarifications made from the finalized amendments to the TILA-RESPA Integrated Disclosure (TRID) rule.
The summary discusses the optional compliance period that was made available for the TRID amendments, exemptions for housing assistance loans, good-faith requirements, simultaneous subordinate lien loans, and more.
Read on for details of the summary and the highlights of changes you need to know.
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