CFPB Releases Index to TRID Compliance Questions

To help answer bankers’ compliance questions about the TILA-RESPA integrated disclosures, which take effect on Oct. 3, the Consumer Financial Protection Bureau released an index of the questions and answers from its five TRID-related webinars. Full recordings of the webinars are also available online.

The questions cover pre-application activities, the definition of “application,” the TRID rule’s scope, record retention, variations and tolerances, redisclosures, details on the Loan Estimate and Closing Disclosure forms and the required settlement booklet.