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TRID 2.0 Will Require Significant Revisions to Existing Software

Monday, May 14, 2018   (0 Comments)
Posted by: Rae Brevard
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Despite the recent turmoil in the leadership ranks of the Consumer Financial Protection Bureau (CFPB) and the ongoing possibility of regulatory rollback, the mortgage industry must nonetheless move forward and prepare for the next iteration of the bureau’s Know Before You Owe/TILA-RESPA Integrated Disclosure rule, also known as “TRID 2.0,” which clarifies some of the gray areas in the current regulation. [more]

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