Yesterday, June 17th, the Consumer Financial Protection Bureau (CFPB) announced a proposed two month delay for the implementation of the new Truth in Lending Act and Real Estate Settlement Procedures Act Integrated Disclosure, or TRID regulation. In a news release, National Association of REALTORS President Chris Polychron commented, “REALTORS appreciate that the CFPB has demonstrated an understanding of the need for additional time to accommodate the interests of the many consumers and providers.”
Click here to read the statement from the National Association of REALTORS