There's a new law in town, effective October 3, 2015. Welcome to TRID (TILA RESPA Integrated Disclosure)! The new law will create a rippling effect across the industry, buyers and sellers included. Like every other big change, it's designed for the protection of the consumer. We spent the morning with Attorney Rick Carter and Ron Peck & Victoria Davis of Salem Five Bank, getting the facts. The new rules are a bit complicated so make sure you're working with a professional REALTOR® who has taken the time to educate themselves on the entire process and what will be required.