Top 10 Things Real Estate Agents Should Know About TILA-RESPA Integrated Disclosures (TRID)

1) A closing statement form called the Closing Disclosure or CD is used for most loan applications. The lender, not the closing agent, may be preparing and delivering the CD. 2) The CD must be delivered to the buyer/consumer at least three business days prior to the scheduled closing date. 3) The closing agent must [...]