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TID - Truly Intelligent Disclosures -
TID was created by Attorney Rydstrom and published by the 110th Congress on the problems and solutions facing the middle class, homeownership and retirement. “We don’t need more disclosures for disclosure sake. We don’t need new restrictive laws. We need less of both. However, we do need truly intelligent disclosures. Accepting TID is a defining moment in the industry. TID is a suitability disclosure with a waiver (plus). It protects the banks as well as the borrowers (and investors).
www.bankriskmitigation.com
Mortgage Foreclosure Industry & Congressional White Paper
Disclosure Forms
Typical Current Disclosure Forms
Prototype Disclosure Form - FTC
More Info
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