Removing Barriers Blog

CFPB Issues Five New TRID FAQs on Housing Assistance Loans
Posted May 17, 2021 by CUNA Advocacy

Last week, the Bureau issued five new FAQs that address housing assistance loans and how the Building Up Independent Lives and Dreams Act (BUILD Act) impacts the TRID Rule requirements for certain housing assistance loans. Section 1026.3(h) already contains a partial exemption for certain housing assistance loans. The BUILD Act establishes another set of partial exemption criteria. The new FAQs address both of these partial exemptions and can be accessed on the Bureau’s TRID FAQ webpage.