You may be interested in reading my recently published article, entitled "Loan Estimate: Deep Dive."
In this White Paper, I plan to take you solely through the Loan Estimate in considerable detail. I will discuss salient highlights of the Loan Estimate, though I caution you to realize that this review is not exhaustive or comprehensive, given that the TRID rule contains very complex disclosure requirements, far more involved, byzantine, elaborate, incisive, and potentially enigmatic than the compendiary features of it discussed herein.
This White Paper, consisting of 18 pages, is the third article of a four-part series.
In the first article, I discussed the mission of TILA-RESPA Integration and the Loan Estimate (LE).
The second article introduced and treated the numerous features of the Closing Disclosure (CD).
Each of the foregoing articles were accompanied by detailed tables to be used for certain itemized categories and action requirements.
The final and fourth article will provide an extensive analysis of the Closing Disclosure.
I would suggest that you read all the articles in this series in order to better understand the TILA-RESPA Integration Disclosure (TRID) rule promulgated by the Consumer Financial Protection Bureau (CFPB). The series is available in our
I hope you find this White Paper informative!
President and Managing Director