California irons out a TRID wrinkle to ‘dry funding’ compliance

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CFPB Finalizes Black Hole Fix under TRID Rule. Consistent with the requirements for the Loan Estimate, when the TRID rule permits a creditor to use a Closing Disclosure to revise expenses, the creditor must provide the Closing Disclosure within three business days of receiving information sufficient to establish that a changed circumstance or other event triggering a change has occurred.

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CORRESPONDENT LENDING TILA-RESPA Integrated Disclosure (TRID) This document is for general informational purposes and does not contain or convey legal advice.

California irons out a TRID wrinkle to ‘dry funding’ compliance. May 15, 2017. California irons out a TRID wrinkle to ‘dry funding’ compliance. to demonstrate compliance with the state’s per diem interest rule, according to. www.nationalmortgagenews.com