Finance
The Good Faith Estimate (GFE) was replaced in 2015 by which document under TRID rules?
AHUD-1 Settlement Statement
BClosing Disclosure
CLoan Estimate✓ Correct
DTruth in Lending disclosure
Explanation
TRID rules replaced the Good Faith Estimate with the Loan Estimate form, which must be provided within 3 business days of loan application. The HUD-1 was replaced by the Closing Disclosure.
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