New Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger said she is reviewing the TRID rule to determine whether to give consumers more accurate information about title insurance at closing.
In December, RESPRO, the National Association of Realtors (NAR) and 10 other agencies asked senators to urge Kraninger to fix the inaccurate disclosures under TRID.
Read on to see what Kraninger told Sen. John Hoeven (R-N.D.) in a recent letter.
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