Florida Mortgage Blog

TRID
TILA - RESPA Integrated Disclosure 

 

You may have heard some news regarding the enforcement of the upcoming TRID regulations.  The CFPB (Consumer Financial Protection Bureau) will be giving companies and individuals a grace period from enforcement actions (fines, penalties, etc.), but the changes with regards to the regulations will still occur as of August 1, 2015

 

On the page I put together a video that covers the high popints of the new changes. Personally I like the forms over the old. They are designed to be easier to read for the average customer.

 

Whenever making videos I usually try to keep them to a minute and a half or so. Unfortunately on this one there was a lot to cover so this video is 8 minutes long but it does cover all of the material.

 

Visit my website for sample pages of what the new forms will look like.

 

Florida Mortgage Banker Preston Ware 561-329-0075 TRID Changes

 

Once again everything goes into effect on Aug 15, 2015.

Posted by Preston Ware on June 17th, 2015 5:57 PM

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