Market Commentary - Building a Better Construction Loan Disclosure - Construction Only Loans Under TRID 2.0

Market Commentary - Solid Foundations Lead to Successful ProgramsMarket Commentary - Solid Foundations Lead to Successful Programs

On July 7, 2017, the Consumer Financial Protection Bureau (CFPB) issued a final rule amending its TIL-RESPA Integrated Disclosures (TRID) rule.  The final rule amending TRID (which we will refer to as "TRID 2.0") and how it impacts construction lending and the construction loan disclosure is dicussed in this market commentary.