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#2226480 - 11/27/19 09:37 PM Collateral in a trust
Compliance Action Subscriber 1226 Offline
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Joined: Sep 2015
Posts: 148
On the disclosures - does the borrower sign the loan papers as Trustee and then also personally

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TRID - TILA/RESPA Integrated Disclosures Rule
#2226487 - 11/28/19 06:36 AM Re: Collateral in a trust Compliance Action Subscriber 1226
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 77,598
Galveston, TX
First of all, there are no signature requirements under TRID, those are bank or investor policies. Second, the individual would only be listed on the TRID disclosures if they were also an actual applicant along with the trust.
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