- Business Rules
What information is placed in the Property field if the address is unavailable?The address including the zip code of the property that secures or will secure the transaction (complete address for purposes of the U.S. Postal Service) should be entered. If the address is unavailable, you may disclose location of the property including the zip code, which is required in all instances. Location of the property includes location information, e.g., a lot number. Disclosure of multiple zip codes is permitted if the consumer is investigating home purchase opportunities in multiple zip codes.
Citation(s): §1026.37(a)(6) and Commentary ¶37(a)(6)
CFPB announcement regarding the delay of TRID
The full statement from CFPB Director Richard Cordray can be viewed here