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Abbreviations, #15
Closing the Real Estate Transaction
| Term | Definition |
|---|---|
| CFPB | Consumer Financial Protection Bureau |
| TRID | TILA-RESPA Integrated Disclosures |
| TILA | Truth-In-Lending |
| RESPA | Real Estate Settlement Procedures Act |
| TIL | Truth-In-Lending (statement) |
| GFE | Good-Faith-Estimate |
| HUD-1 | Settlement Statement |
| LE | Loan-Estimate |
| CD | Closing-Disclosure |
| BCD | Borrower's Closing Disclosure |
| SCD | Seller's Closing Disclosure |