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TRID (TILA-RESPA Integrated Disclosures) refers to a set of rules established by the Consumer Financial Protection Bureau (CFPB) in the United States to provide consumers with more transparent and comprehensive information about the costs and terms associated with their mortgage loans. Under TRID, lenders are required to provide borrowers with two new disclosure forms: the Loan Estimate and the Closing Disclosure. The Loan Estimate must be provided to borrowers within three business days of their loan application, and the Closing Disclosure must be provided at least three business days before the loan closing.
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