Finance
In Hawaii, the 'Good Faith Estimate' has been replaced by which disclosure under TRID?
AA. The Closing Disclosure
BB. The Loan Estimate✓ Correct
CC. The HUD-1 Settlement Statement
DD. The Uniform Residential Loan Application
Explanation
The TRID rule replaced the Good Faith Estimate (GFE) with the Loan Estimate, and the HUD-1 with the Closing Disclosure, streamlining mortgage disclosures.
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