Lenders Modifying Closing Instructions in Wake of TRID
November 24, 2015
With lenders responsible for production and delivery of the Closing Disclosure under the TILA-RESPA Integrated Disclosures (TRID) rule, many lenders are modifying their closing instructions and shifting liability onto settlement and closing agents. Because of this, ALTA reminds members to read all lender closing instructions carefully.
Contact ALTA at 202-296-3671 or communications@alta.org.