The CFPB has formally proposed to delay the TILA-RESPA ( TRID ) final rule effective date to Saturday, October 3, 2015. The TRID rules apply to covered “closed-end credit transactions secured by real property” for which the creditor or mortgage broker receives an application on or after the new proposed effective date of Oct 3, 2015. This delay should have no impact on 1031 exchange transactions.