Compliance Essentials/CMCP TRID Compliance Basics Sunday ...
TILA/RESPA Integrated Disclosure Rule (“TRID”) consolidates four disclosures under TILA and RESPA for closed-end mortgage loans into two forms; replaces Initial and Final TIL, GFE and HUD-1 with Loan Estimate and Closing Disclosure. Applies to most closed-end consumer mortgage loans. Applies to cooperatives (included in recent TRID updates) ................
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