SFA Seeks Market Feedback on Next Version of TRID Grid

SFA’s Third-Party Review/Due Diligence Working Group has drafted a fourth iteration of the TRID Compliance Review Scope. TILA-RESPA Integrated Disclosure (TRID) Rules were developed by the CFPB to help prospective borrowers understand mortgage loan terms, loan features, and charges to promote transparency for borrowers as they consider different mortgage loan options. The latest draft is an update of the uniform testing standards for purchasing loans subject to TRID. SFA seeks member feedback. If you are interested in receiving the draft, please contact Dallin.Merrill@structuredfinance.org or Jeff.Gudiel@structuredfinance.org