SunTrust Mortgage announced in a letter to its settlement service providers that it will produce and deliver the Closing Disclosure to consumers in order to comply with the TILA--‐RESPA integrated disclosure (TRID) rule. SunTrust will require title and settlement agents to provide complete and accurate fees up to two weeks prior to the scheduled closing date.
SunTrust will also require the settlement agent to have their Best Practices in place by July 1.
Click the link to read more:
SunTrust - TRID Plans and ALTA Best Practices Assessment - April 23, 2014
