Cordray: TRID Enforcement Will Be Corrective, Not Punitive

Speaking before the House Financial Services Committee, the CFPB director also said that the agencies will soon be releasing guidance on the enforcement of the TILA/RESPA Integrated Disclosures rule, set to take effect 10/3/15. "There will be time for them to work to get it right. They don't have to be perfect the first day." [9/30/15]