Oct. 3, 2015, was a historic day for the #mortgage industry and is forever marked as the official implementation date for the Consumer Financial Protection Bureau’s Know Before You Owe rule. Also known as the TILA-RESPA Integrated Disclosure rule, or TRID, it sought to inform borrowers about costs before the closing date. Now that a year has officially passed since that deadline, it’s easier to see exactly how the industry dealt with the massive changes. http://www.housingwire.com/articles/38182-trid-one-year-later ❤️ #share #mortgage
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