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Allowing Alternate Forms for Simultaneous-Subordinate Purchase Transactions

Audit Update
Description

Under TRID 2.0 - the alternate LE/CD may be used for any simultaneous-subordinate financing.  Our audit has previously prevented use of the alternate forms on a purchase transaction.  This has been updated to fire when a client has not indicated their loan is a simultaneous-subordinate on a purchase transaction.

Notes

TRID 2.0

SOLUTIONS THAT WORK. TECHNOLOGY TO STAY COMPLIANT.