Hold the Phone (But Don’t Put it Down Just Yet); House Votes to Formalize TRID Grace Period
The House votes to provide a grace period through Feb. 1, 2016 for lenders who make a good-faith effort to comply with the TILA-RESPA Integrated Disclosure rule. But it's too soon to breathe a sigh of relief. Next comes the Senate, and then there's the little matter of the White House threatening to veto the measure. [10/8/15]