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February 13, 2013

Obama to Congress: ‘Take a Vote and Send Me’ HARP 3.0

By Charles Wisniowski

President Obama, during his State of the Union address, urged Congress to get the HARP 3.0 refinancing program off the ground.

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Poll

A lot has been written lately regarding loan closing delays tied to the new TRID rule. What’s been the average delay at your lending shop, if at all? (Report in business days, not calendar.)

TRID has caused no delays whatsoever because we were prepared.

30%

1 to 4 days.

27%

5 to 10 days.

13%

11 to 15 days. It’s been a nightmare.

11%

We’re too embarrassed to tell you.

20%

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