T = The Truth and Lending Act (TILA)
R = The Real Estate Settlement Procedures Act (RESPA)
I = Integrated
D = Disclosure
What does it stand for? It stands for the new Federal regulations that require the old Good Faith Estimate (now known as the Loan Estimate) and the HUD-1 (now known as the Closing Disclosure), but for a few minor exceptions, to be identical. If they are not, the lender is on the hook.
Read more RESPA Reminders