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Tag Archives: TRID

Collateral Damage

As the pool of appraisers continues to shrink, the mortgage industry is searching for solutions and technology is helping the cause. This story was originally featured in the January issue of MReport.

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Understanding the TRID Improvement Act

To understand the TRID Improvement Act of 2017 introduced last week by Congressman French Hill more thoroughly, The MReport reached out to Richard Horn, former CFPB attorney who led the rule integrating the mortgage disclosures under TILA/RESPA.

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Do We Finally Have Clarity on TRID?

The industry has long called for clarification of the Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosure rule—or TRID. Today, with the release of its “finalized updates,” the CFPB may have finally provided it. But what do the updates mean for the industry? And is this really the end of the You Before You Owe confusion? The answer probably won’t surprise you.

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The Road Ahead

With an uncertain regulatory environment, new data requirements, and promising technological opportunities all intersecting, mortgage originators face a winding road as they navigate through 2017.

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