TILA-RESPA Integrated Disclosure Rule

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CFPB fixes TRID “black hole,” amends Know Before You Owe

Apr 26, 2018By

The Consumer Financial Protection Bureau announced it fixed what those in the mortgage industry have taken to calling the “black hole” in the Know Before You Owe rule. After requesting input from the mortgage industry, the CFPB finalized its amendment to the Know Before You Owe rule, which included changes to the four-day Closing Disclosure period.

3d rendering of a row of luxury townhouses along a street

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