6: Finance & Investment-Exam Prep
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The TRID RULE In 2013, the Consumer Financial Protection Bureau issued a final rule to integrate disclosures and regulations required by the Real Estate Settlement Procedures Act (RESPA) and the Truth-in-Lending Act (TILA). The purpose of the final rule, called TILA RESPA Integrated Disclosure (TRID), is to improve consumer understanding of the mortgage process, aid in […]