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BankersOnline.com Forums Dodd-Frank Final Rules Discussions TRID - TILA/RESPA Integrated Disclosures Rule Maximum Number of days of Prepaid interest
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#2174375 - 04/19/18 09:29 PM Maximum Number of days of Prepaid interest
CMSIngenue Offline
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Joined: Jan 2013
Posts: 154
Does anyone happen to know the source of the limit on the maximum number of days of prepaid interest that can be charged to borrower. It appears to be 60 but is this a federal requirement? Or an agency requirement?

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TRID - TILA/RESPA Integrated Disclosures Rule
#2174384 - 04/19/18 10:16 PM Re: Maximum Number of days of Prepaid interest CMSIngenue
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,417
Galveston, TX
Investor or State law.
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