TRID Rule Confusion and the CFPB’s Non-Fixing Fix
In a post-TRID world, there remained some ambiguity about the percentage tolerance associated with property taxes, homeowner's association dues, condominium fees, etc., that are paid in advance to applicable parties and not into an escrow account. The CFPB has published a correction that apparently does not actually address the issue in an appropriate manner. [2/11/16]