TRID – Update, Liability, and Cures
•Agencies can enforce TRID •CFPB has stated that it and other agencies will provide a “sensitive” period • CFPB will be “sensitive to the progress industry has made.” (CFPB letter to MBA, Dec. 29, 2015) • For a period of months CFPB efforts will be “diagnostic and corrective, not punitive…” ................
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