By Craig Haughton and Jodie Herrmann Lawson on Compliance,Enforcement and Prosecution Policy and Trends,Financial Institution RegulationThe TILA/RESPA integrated disclosures (TRID) rule issued by the Consumer Financial Protection Bureau (CFPB) under the Dodd-Frank Wall Street Reform and Consumer Protection Act takes effect on August 1, 2015. Once effective, the TRID will drastically alter, among other things, the pre-closing disclosures that creditors, mortgage brokers and settlement agents must provide to borrowers under… Continue Reading
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Craig practices in the area of business and securities litigation.