CFPB Revises Small Entity Compliance Guide for TRID

October 12, 2017

The CFPB recently released an updated version of the TILA-RESPA Integrated Disclosure (TRID) rule Small Entity Compliance Guide.

The revised version incorporates the recent amendments to the rule that became effective Oct. 10, 2017. Compliance with the amendments will be required for applications received on or after Oct. 1, 2018.

The amendments also clarified that the separate escrow cancellation notice and partial payment disclosure requirements under Regulation Z will apply to all covered loans on Oct. 1, 2018, regardless of when the application is received.

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North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.