Removing Barriers Blog

CFPB Issues RFI on TRID Rule Assessment
Posted November 20, 2019 by CUNA Advocacy

The CFPB is soliciting comments on the TRID Integrated Disclosure Rule as part of its statutorily-required 1022(d) assessment of the rule.   

The Bureau intends to consider the TRID Rule’s effectiveness in meeting the purposes and objectives of Title X of the Dodd-Frank Act, the specific goals of the rule, and other relevant factors.  The public is invited to provide recommendations for modifying, expanding, or eliminating the TRID Rule.

The assessment is being conducted in accordance with Section 1022(d) of the Dodd-Frank Act, which requires the Bureau to assess significant rules within five years after final action. 

Comments will be due 60 days after the RFI’s publication in the Federal Register.