CFPB creates resources to help REALTORS prepare for TRID rule

The Consumer Financial Protection Bureau (CFPB) has launched a new online toolkit to help REALTORS prepare for the implementation of the Truth in Lending RESPA Integrated Document (TRID) rule on October 3, 2015. Developed in collaboration with the National Association of REALTORS, the new website is designed to help real estate professionals understand the changes to the closing process and how to explain them to consumers.