REALTORS® Submit Recommendations as Know Before You Owe Comment Period Closes

The public commentary period for the proposed Know Before You Owe (KBYO) rule, which addresses many of the concerns raised by the real estate industry since its implementation, has officially closed.
In submitted comments before the deadline, the National Association of REALTORS®’s (NAR) President Tom Salomone outlined recommendations for KYBO, also known as the TILA-RESPA Integrated Disclosure, or TRID, on behalf of the industry, including encouraging mortgage and title professionals