(c)(1) Records related to requirements for loans secured by real property. (i) General rule. Except as provided under paragraph (c)(1)(ii) [CD] of this section, a creditor shall retain evidence of compliance with the requirements of 1026.19(e) [LE] and (f) [CD] for three years after the later of the date of consummation, the date disclosures are required to be made, or the date the action is required to be taken.
For a loan that is not originated (denied, withdrawn etc) TRID record retention is 3 yrs after the date disclosures are required to be made or date action was required to have been taken, correct? Or am I missing something?
Opinions are my own and not of my employer.