Tag Archives: TILA-RESPA integrated disclosures

Bankers Call for Revisions to TRID for Single-Family Construction Loans

In a recent letter to the Consumer Financial Protection Bureau, more than 100 bankers from across the country called on the bureau to revise the TILA-RESPA Integrated Disclosure rule to exempt single-family residential construction loans from onerous disclosure requirements that have created confusion for consumers and caused many banks to exit the market.

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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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