A team member asks about TILA TRID Disclosures in a consumer complaint triage while trying to identify which rule controls the file. Which response should the branch manager use?
Correct Answer
D) Count timing from the application trigger
TRID Loan Estimate duties begin when the application trigger is met. The best answer is "Count timing from the application trigger".
Why This Is the Correct Answer
TRID Loan Estimate duties begin when the application trigger is met. The best answer is "Count timing from the application trigger".
More Federal Laws Questions
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A branch manager asks about a loan file because a borrower sends a written request for information to the servicer-designated address. What should happen?
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