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.


About Author

Evan Sparks

Evan Sparks is editor-in-chief of the ABA Banking Journal and vice president for publications at the American Bankers Association.