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Home » Store » Profitability » TRID Increasing Lender Costs; Borrowers Happy

TRID Increasing Lender Costs; Borrowers Happy

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Profitability

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Individual borrowers purchasing homes in the era of the Consumer Financial Protection Bureau’s integrated disclosure rule, dubbed TRID, generally seem to be having an improved overall customer experience, despite a few bumps in the road, according to two recent surveys. But the progress for homeowners is coming at the expense of mortgage lenders. A survey from the STRATMOR consultancy found that overall borrower satisfaction is at a multi-year high ...
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