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.