In the latest edition of the Consumer Financial Protection Bureau’s (CFPB) Supervisory Highlights, the bureau for the first time addressed lessons learned from examinations done under the new TILA-RESPA Integrated Disclosure (TRID) rule.
In this report, RESPA News details the final three sections pointed out in the report, including one stage in which an inaccurate disclosure could lead to multiple TRID errors in the closing process.
Read on for more insight on the CFPB’s citations around these sections of the rule.
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