Best-Ever Consumer Compliance Checklists

When a closed-end consumer loan is secured by real estate, the new TRID disclosures are required. But if the loan is not secured by real estate, the creditor must provide the "old" Truth-in-Lending disclosures. Similarly, since the new TRID disclosures do not apply to HELOCs, the usual Truth-in-Lending disclosures are still required on HELOCs. ................
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