TRID Official Date Announced
The CFPB has officially announced that the TILA-RESPA Integrated Disclosure (TRID) rule will change effective Saturday, October 3, 2015.
The change from the original date of August 1, 2015 is due to the fact that many companies, regulators, and lenders requested a grace period along with a delay in the launch of the rule. They requested the extra time to properly prepare for the major operational changes that will come as a result of this rule being implemented.
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