Understanding TRID Disclosure Timing Overlays in Montana: A Comprehensive Guide
Introduction to TRID and Disclosure Requirements The TILA-RESPA Integrated Disclosure (TRID) rule was introduced to simplify and improve the process of disclosure in real estate transactions. Mandated by the Dodd-Frank Act, this rule integrates the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA), aiming to make it easier for consumers … Read more