The Consumer Financial Protection Bureau has updated its TRID Rule Frequently Asked Questions (FAQs) tool to include guidance on how the Building Up Independent Lives and Dreams Act impacts certain housing assistance loans.
The BUILD Act provides regulatory relief to charitable organizations that provide housing assistance. The bill was enacted after being signed by President Joe Biden on Jan. 13.
Read on for an in-depth look at the FAQs.
TO READ THE FULL STORY
Cover Story: