Brandy Hood Quoted in HousingWire Article, "Initial Thoughts: Did the CFPB Successfully Update TRID?Brandy A. Hood, Benjamin K. Olson
Brandy Hood was quoted in Brena Swanson's HousingWire article, "Initial Thoughts: Did the CFPB Successfully Update TRID?," on August 5, 2016.
The Consumer Financial Protection Bureau’s new proposal to update its Know Before You Owe rule has only been in the hands of the industry for a week. Coming in at a whopping 293 pages, there is a lot of information that everyone continues to work through.
At the end of June, HousingWire held a webinar with Brandy Hood, associate at Buckley Sandler, to give our readers some answers on how to conquer TRID.
Overall, Hood said, “They did a good job. They hit a number of different issues that really needed to be addressed.”
“It’s a step in the right direction. If this is finalized as proposed, it will clarify a number of ambiguities. Although there will still be ambiguities and other issues, the changes will address a lot of them,” she added.