CFPB to Relax TRID Enforcement Actions

HousingWire, Dec. 29, 2015–Swanson, Brena

After a recent letter to the Consumer Financial Protection Bureau, the Mortgage Bankers Association released a response from CFPB Director Richard Cordray that should bring some much-needed clarity to the industry on the current expectations for lenders in implementing the new TILA-RESPA Integrated Disclosure rule.

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