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Thursday, October 13, 2016

CFPB Updates TRID Compliance Guide

The Consumer Financial Protection Bureau yesterday issued an updated small entity compliance guide to the TILA-RESPA integrated disclosures. The guide incorporates guidance from recent compliance webinars on records retention; construction loans; disclosures of seller-paid costs; and form completion, formatting, revision and delivery, among other topics. The bureau also issued a revised guide to the Loan Estimate and Closing Disclosure forms.

Download the compliance guide.

Download the updated guide to forms.