It’s been four years since the new mortgage disclosure rules went into effect, and most major TRID problems have been resolved.
But one big issue remains: the Consumer Financial Protection Bureau’s (CFPB) low level of priority given to providing formal guidance to the industry about the TILA-RESPA Integrated Disclosure Rule.
Read on for more of what Richard Horn, partner at Garris Horn PLLC and the former CFPB senior official who led the original TRID rule, told RESPA News.
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