When Decisions Matter.

Coming Soon: TRID – October 3, 2015

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

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