Escrow & Title
In a Kansas closing, a HUD-1 Settlement Statement was replaced by which document?
ALoan Estimate
BClosing Disclosure (CD)✓ Correct
CRESPA Notice
DTruth-in-Lending Disclosure
Explanation
Under TRID rules effective October 2015, the HUD-1 Settlement Statement was replaced by the Closing Disclosure (CD) for most residential mortgage transactions.
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