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Mandatory implementation for the CFPB’s TILA RESPA Integrated Disclosure ("TRID") Rules

10/03/2015

The August 1, 2015 is the mandatory implementation date for the CFPB’s TILA RESPA Integrated Disclosure (TRID) Rules. You will need current GFE/TIL/HUD-1 systems for consumer mortgages in process before October 3, 2015, non-covered HELOCs and reverse mortgages. New systems will be required for Loan Estimate and Closing Disclosures for covered closed-end consumer mortgage applications taken on or after October 3, 2015.

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