TRID – TILA RESPA Integrated Disclosure
The new mortgage rules from the Consumer Finance Protection Board (CFPB) encompasses a lot of mortgage disclosure changes. TRID is the given name for those changes – an abbreviation for TILA RESPA Integrated Disclosure. Since there are so many changes with the new mortgage rules, we’ve written more than one mortgage article concerning the new mortgage rules.
For information on TIP – or Total Interest Percentage, please see our mortgage news article: TIP Now Required Mortgage – Total Interest Percentage
For a summary of the new mortgage rules and access to FAQ Handouts for REALTORS®, Home Sellers, and Home Buyers, please see: TRID – TILA RESPA Integrated Disclosure
For specific information regarding the new mortgage rules – please see our New Mortgage Rules – Know Before You Owe Article.