Understanding TRID Disclosure Timing Overlays in Connecticut: A Comprehensive Guide
Introduction to TRID and Its Importance in Connecticut The TILA-RESPA Integrated Disclosure, commonly referred to as TRID, represents a vital regulatory framework designed to enhance borrower understanding and streamline the mortgage lending process. Enacted by the Consumer Financial Protection Bureau (CFPB) in 2015, TRID amalgamates two critical federal regulations—the Truth in Lending Act (TILA) and … Read more
