CFPB’s TRID Flip Brings Calls for More Changes
Yesterday’s abrupt surprise announcement by the Consumer Financial Protection Bureau (CFPB) that it will be issuing a proposed amendment to delay the effective date of the TILA RESPA Integrated Disclosure (TRID) rule, until Oct. 1 was greeted with calls from across the industry that challenged the Bureau to go further to help accommodate consumers and lenders.