TRID and What it Means for your Home Purchase
In October of 2015, new requirements put in place by the federal Consumer Financial Protection Bureau (CFPB) went into effect that dramatically changed the nature and timeline of many real estate closings. The CFPB maintained that previous mortgage disclosure forms were often inconsistent and misleading for potential mortgage applicants and, therefore, it enacted the TILA-RESPA … Continue reading TRID and What it Means for your Home Purchase