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CFPB Proposed TRID Changes

July 29, 2016 2:16 PM | Anonymous

Today the Consumer Financial Protection Bureau (CFPB) announced a Notice of Proposed Rulemaking (NPRM) for the TILA-RESPA Integrated Disclosure (TRID) rule. THIS IS BIG NEWS. We have until October 18 to tell our story and explain to the CFPB how TRID is impacting consumers.  
 
The Title Action Network (TAN) has developed FOUR EASY STEPS to ensure you understand the proposed changes and can help us tell the CFPB to fix the problems with TRID over the next 60 days:
 

  1. ENGAGE: Learn more about the proposed changes by clicking here. Be sure to open our TAN emails to receive timely information on TRID and the comment period.
  2. COMMENT: Soon the comment period will be open at Regulations.gov (the government website designed to collect regulatory comments). TAN has streamlined the process to work like any other TAN call to action with just a few easy clicks!
  3. RECRUIT: Ask all of your staff and industry colleagues to join TAN now so they also have the most up- to-date information. Our voice must be stronger than ever to ensure the CFPB makes the appropriate changes to TRID! TAN is 100% free, doesn’t clog your inbox and is open to all in the land title industry.
  4. ACTIVATE: Sign up for text alerts to easily take action from anywhere using your phone by clicking here. (If you’ve previously signed up for text alerts you do not need to do so again).
 
Click here to access ALTA’s statement on the CFPB’s proposed changes.
 
Sincerely,
 
Wayne Stanley
American Land Title Association
202-296-3671

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