For calculating my tolerances on the CD, what is an affiliate?
The definition of affiliate varies depending on the regulation and the part of the regulation to which the question applies.
For TRID, the definition is:
Affiliate means any company that controls, is controlled by, or is under common control with another company, as set forth in the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.).
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