Moody’s: TRID violations found in 90% of recently reviewed mortgages

Despite CFPB Director Richard Cordray’s recent proclamation that the implementation of the new TILA-RESPA Integrated Disclosures rule was akin to the unfounded panic that surrounded Y2K, a new report from Moody’s finds the opposite may be true. Are TRID compliance violations running rampant? Get the latest from clicking the headline. …read more

From:: Real Estate Wire