With the changing of the fall leaves comes the much-anticipated overhaul of the mortgage process: the TILA-RESPA Integrated Disclosure (TRID) rule, which was implemented Oct. 3. Ready or not, TRID is upon us, and, for some in the industry who will soon be sitting down with the first consumers to have their mortgage application process subject to the new requirements, the answer for the customers at the closing table may be “not ready.”
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