- Housing News
- October 7, 2020
TRID Five Years Later: CFPB Says Rule Changes Mostly Worked
Believe it or not, it's been five years since the acronym TRID became common knowledge for every mortgage company, title company, closing agent, and real estate agent. TRID stands for the TILA-RESPA Integrated Disclosure Rule, but for many of those housing professionals, the acronym came to jokingly stand for 'The Reason I Drink' due to the amount of work that went into implementing the rule.