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TRID ONE YEAR LATER: A LOOK BACK AT THE EFFECTS OF TRID
October 3, 2015, heralded in a huge change for the mortgage industry. It became the implementation deadline for some of the largest changes the industry had seen in decades. The TILA-RESPA Integrated Disclosure Rule (TRID) was enacted by the Consumer Financial Protection Bureau in order to make the borrowing process more transparent and understandable.
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