Alex is reviewing a mortgage file involving TRID Changed Circumstances. Which response best follows the governing rule?
Correct Answer
A) Compare charges between the Loan Estimate and Closing Disclosure
TRID fee disclosures and tolerance categories govern estimates, revisions, and closing-cost comparison. The best answer is "Compare charges between the Loan Estimate and Closing Disclosure".
Why This Is the Correct Answer
TRID fee disclosures and tolerance categories govern estimates, revisions, and closing-cost comparison. The best answer is "Compare charges between the Loan Estimate and Closing Disclosure".
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