Aug 2, 2016, 09:04 AM by User Not Found

Nine months later and TRID continues to have the mortgage industry on its toes. Diverse interpretations and unclear guidelines have had many companies going through trial-and-errors to figure out the best processes that work for them following the CFPB’s integrated disclosure rule implemented last year. In fact, according to a recent MPA poll, 53% of respondents think TRID is a bad thing long-term, with only 23% of those surveyed believing that it’s a good thing long-term. Despite the mixed views and uncertainty of whether TRID will benefit the mortgage market as a whole, one company has stood out by embracing the change and working with the system to provide better service to clients.