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:
- 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.
- 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!
- 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.
- 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