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Understanding The Closing Disclosure (CD) – Mortgage Settlement Statement

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Understanding The Closing Disclosure – Mortgage Settlement Statement Explained! The Closing Disclosure or CD is part of the TILA/RESPA Ingegrated Disclosure rule or TRID. It is the companion to the Loan Estimate or LE and shows your final charges. In this video I will go into detail as to what each section means to match back to the LE to ensure you know what you are signing and explain the 3 day rule.

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