Tag Archives: TILA-RESPA integrated disclosures

ABA Supports Bill to Fix TRID

ABA yesterday joined several financial and housing trade associations in a letter to House members urging support for the TRID Improvement Act of 2017 (H.R. 3978), a bipartisan bill introduced by Rep. French Hill (R-Ark.) and Rep. Ruben Kihuen (D-Nev.).

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ABA Supports CFPB’s Proposed Fix to TRID’s ‘Black Hole’ Problem

ABA today commented on proposed changes to the TILA-RESPA integrated disclosures that would allow creditors to use either initial or corrected closing disclosures to reflect changes in costs for purposes of determining if an estimated closing cost was disclosed in good faith, regardless of when the closing disclosure was provided relative to consummation.

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