Items Tagged with 'TRID Changes'

ARTICLES

  • House to consider bill to change TRID rules

    “TRID Improvement Act of 2017” could give lenders more regulatory leeway
    The House of Representatives could soon consider a bill that would bring several changes to the Consumer Financial Protection Bureau’s “Know Before You Owe mortgage disclosure rule”, also known as the TILA-RESPA Integrated Disclosure rule or TRID. Here are all the details.
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  • MBA: The most important factor for lenders in the TRID proposed changes

    Responds to CFPB open-comment period
    Pending a complete government shift in housing regulation, the industry is left to implement the Consumer Financial Protection Bureau’s Know Before You Owe mortgage disclosure rule. As one of the biggest voices in the industry, the Mortgage Bankers Association added to the discussion on the importance of the comment period that is now open for the CFPB’s proposed updates to the rule.
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  • CFPB will update Know Before You Owe rule

    Here's everything in the works right now
    Staying true to its announcement three months ago, the Consumer Financial Protection Bureau released a set of proposed updates to its Know Before You Owe mortgage disclosure rule after industry calls asked for greater clarity and certainty on the rule. However, the changes, while welcomed, don't address everything the industry asked for.
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  • National Association of Realtors pushes CFPB for TRID changes

    Proposes three changes to 'Know Before You Owe' rules
    The Consumer Financial Protection Bureau notified the housing industry earlier this year that it planned to make some changes to the much-discussed TRID rule. In a new letter sent to the CFPB, the National Association of Realtors identifies three issues its members have seen with TRID and suggests fixes to those issues that could be included in the coming rule adjustments.
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  • The CFPB needs to fix this title insurance issue with TRID

    74 members of Congress agree with ALTA
    The Consumer Financial Protection Bureau shocked the industry when it announced it would take another look at the Know Before You Owe rule. And now with the bureau accepting comments and feedback on it, the American Land Title Association is quick to bring up a glitch it sees in title disclosures.
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