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Home » Store » Regulation » TRID Reduces Mortgage Offerings, Causes Delays

TRID Reduces Mortgage Offerings, Causes Delays

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Regulation

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Mortgage industry groups continue to rail against the disruptions they insist are being caused by the Consumer Financial Protection Bureau’s integrated disclosure rule known as TRID. Respondents to a February survey by the American Bankers Association indicated that TRID compliance is still a relevant problem, continues to impose a heavy compliance burden, and causes customer dissatisfaction through delayed closings and increased fees and costs, the trade group ...
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