TRID effects unknown
Originators won’t know exactly how much more work will be required of them until the regulation passes, according to one leading industry player.
Lender welcomes TRID
One originator is gung-ho about TRID and suggesting lenders should be embracing it and not shunning it.
Industry pushes back against TRID
A growing chorus of voices is calling for further delay in implementing TRID, but will the CFPB listen?
Originators to benefit from big bank exit
With one big bank announcing it will no longer offer one type of mortgage product – and several others expected to follow – small originators will have an opportunity to win some of that untapped business.
Software provider is TRID-ready now
One software provider is encouraging mortgage lenders to acclimate to the new CFPB loan estimate and closing disclosures requirements now, having released a TRID-ready Point 9.2 solution ahead of the August 1 deadline.
Doc Magic sticking to original TRID compliance date
The Consumer Financial Protection Bureau’s proposed delay will have no bearing on one company’s plans to be ready to meet the CFPB’s originally planned Aug. 1 due date to implement the TILA-RESPA Integrated Disclosure (TRID) rule.