By Kacy Bell Oklahoma Association of RealtorsEditor's Note: Guest columnist Kacy Bell is president of the Oklahoma Association of Realtors and broker associate at Keller Williams Realty Preferred in Tulsa. New rules governing the residential mortgage process are in effect. The purpose of the new TRID, or TILA-RESPA Integrated Disclosure rule, is to simplify and consolidate the required loan disclosures to make loan estimate and loan closing papers easier for consumers to understand.Read more on NewsOK.com