Tag Archives: TRID

Now that the effects from the TILA-RESPA Integrated Disclosure rule have subsided significantly in the housing market, first-time buyer activity has resumed from the delays caused in the previous months.

Fifty-one percent of repeat homebuyers, reported that they experienced unexpected costs, fees, or surprises in their most recent home buying experience, according to a recent survey.

According to Ernst Publishing Company, a provider of technology and closing cost data for the real estate and home finance industries for the past 26 years, that crisis was averted by technology.

After suffering a major drop in November 2015 and recovering with the largest monthly increase ever recorded in December, existing-home sales seem to have found their balance to start the new year.

When CFPB Director Richard Cordray likened TRID concerns to the Y2K fuss, he missed the fact that the long-term impact of the rule is not yet a foregone conclusion. Editor's note: This select print feature appears in the February 2016 edition of MReport magazine.

DocMagic, Inc., a provider of fully-compliant loan document preparation, compliance, eSign, and eDelivery solutions, recently announced the development of a set of new reps and warrants for its calculations, documents, and data.

Many in the industry believed that the The TILA-RESPA Integrated Disclosure (TRID) rule was the culprit behind the huge decline in existing-home sales in November 2015.

Existing home sales experienced an up-and-down wave of activity in November and December due to the TILA-RESPA Integrated Disclosure (TRID) rule, but Ten-X.com forecasts that this may all change soon.

Northwest Federal Credit Union President and CEO Chris McDonald discuss some of the hot-button issues affecting credit union in today's mortgage industry. Editors Note: If you want to read more about what today’s top credit union executives have to say about their businesses, be sure to catch the February 2016 print edition of MReport, where hot topics affecting credit unions will be explored in-depth.

After suffering a major drop in November 2015, existing-home sales turned the tables back toward favor with the largest monthly increase ever recorded in December.