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Deciphering TRID Through Communication

Customer satisfaction regarding TRID has risen among borrowers—coinciding extremely closely to the rise in the number of borrowers who reported they’d been contacted (as per TRID guidelines) by their lenders before closing.

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CFPB Offers Lenders a Helping Hand

Since the initial implementation of these rules, the CFPB has made several moves to expand the definitions of “small creditor” and “rural area,” but before the HELP Act, smaller lenders were only eligible for special provisions if more than half its loans were in rural or underserved areas.

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Braced for Impact

The industry was primed and ready for the Fed’s rate hike, but how has it fared since the increase went into effect? Editor's note: This select print feature appears in the March 2016 edition of MReport magazine, available now.

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