Finance
A Mississippi lender's 'Good Faith Estimate' has been replaced under TRID by which document?
AHUD-1 Settlement Statement
BLoan Estimate✓ Correct
CTruth in Lending Disclosure
DMortgage Commitment Letter
Explanation
Under TRID (effective October 2015), the Good Faith Estimate (GFE) and the initial Truth in Lending disclosure were replaced by the Loan Estimate, which must be provided to borrowers within three business days of a completed loan application.
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