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Survey: Industry making strides on TRID, work to be done
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The Road through Oct. 3
Sunday, March 20, 2016
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For the first time since Oct. 3, a survey detailing the effects of implementation of the TILA-RESPA Integrated Disclosure (TRID) rule studied homebuyers who had gone through the mortgage lending process before and after the new forms were in place. What the ClosingCorp Home Buyers Study found was showed positive signs, such as buyers finding the new forms easier to understand and being able to save money by shopping for settlement services providers. However, challenges remain. See what ClosingCorp CEO Brian Benson told The Title Report about the findings.
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