CFPB’s Final Rule: TRID
Amendments to the TILA/RESPA integrated disclosures rule (or TRID) have been finalized by the CFPB. Among the changes: creditors are required to provide a Loan Estimate form on the day a consumer locks a floating rate, creditors are allowed to provide a Loan Estimate form at any time (prior to 60 days before consummation), etc. [1/23/15]