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Reminder: SFIG RMBS 3.0 TRID Compliance Review ScopeĀ© Available For Purchase

SFIG published its RMBS 3.0 TRID Compliance Review Scope© documentation on June 15th. The document was created with an aim to facilitate a uniform testing standard as a result of a consistent Truth-In-Lending Act liability interpretation according to our understanding of prevailing legal precedent and informal written guidance and webinars offered by the CFPB, as it applies to the Know Before You Owe / Truth In Lending Act (“TILA) – Real Estate Settlement Procedures Act (“RESPA”) Integrated Disclosure (“TRID”) Rule (78 FR 79730, as amended) across TPR firms.

If you are not an SFIG member and would like to purchase a PDF copy of the document, please click here. Its purchase entitles you to free periodic updates to the grid.

For questions please contact Daniel.Goodwin@sfindustry.org or Marshall.Bornemann@sfindustry.org.

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