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Home » Store » Inside Mortgage Trends » TRID Led to More Compliance-Related Defects

TRID Led to More Compliance-Related Defects

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Inside Mortgage Trends

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Mortgage lenders were making big strides in reducing the number of loan defects related to documentation just as the new integrated disclosure rule took effect, leading to a surge in compliance-related defects. That’s according to a new report based on an analysis of the post-closing quality control data associated with more than 50,000 mortgages that was performed by ACES Risk Management Corp., otherwise known as ARMCO, a provider of web-based audit technology ...
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