2016 Mortgage Servicing Rules & TRID Compliance

The CFPB continues to implement changes to its mortgage rules, including 2016 changes to mortgage servicing rules and last year's TILA/RESPA Integrated Disclosures (TRID). Below you will find the latest resources on the 2016 changes and recent compliance deadlines for these amended rules, including final rule summaries, insightful blog posts, articles and webcasts. (Visit our 2013 Mortgage Rules page for compliance resources on the mortgage rules that became effective in January 2014.)

*Member-only resources.

TILA/RESPA Integrated Mortgage Disclosures (TRID)

The CFPB finalized their TRID "fix" rule in August 2017. The latest compliance information and NAFCU resources on TRID are listed below.

*Member-only resources.

Compliance Deadline: Regulatory compliance required for applications received on or after October 1, 2018

View additional compliance resources for TRID mortgage rules issued in 2013.

2016 Mortgage Servicing Rules

The CFPB issued a final rule in August 2016 amending its 2013 mortgage servicing rules in certain areas, including successors in interest, definition of delinquency, requests for information, force-placed insurance notices, early intervention, loss mitigation, prompt payment crediting, and periodic statements, and more. Information and NAFCU resources on this 2016 final ruling are listed below.

*Member-only resources.

Compliance Deadline (all provisions except as noted below): October 19, 2017
Successor in Interest Provisions Compliance Deadline: April 19, 2018
Bankruptcy Periodic Statements Compliance Deadline: April 19, 2018

View additional compliance resources for 2013 mortgage servicing rules.