A branch supervisor asks Blair how to handle borrower communication and TRID — Loan Estimate Timing. What should Blair recommend?
Correct Answer
B) Communicate accurate status without misleading the borrower
borrower communication must be timely, accurate, and tied to disclosure or action-notice duties. This item uses an exam-style scenario; any file details in the stem are illustrative and the governing rule controls the compliant response. The best answer is "Communicate accurate status without misleading the borrower".
Why This Is the Correct Answer
borrower communication must be timely, accurate, and tied to disclosure or action-notice duties. This item uses an exam-style scenario; any file details in the stem are illustrative and the governing rule controls the compliant response. The best answer is "Communicate accurate status without misleading the borrower".
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