Biggest industry pain points with TRID still tied to title and settlement services

By swheeler@housingwire.com

In a conference room packed with lenders at the Ellie Mae Experience conference, it was clear that the proposed changes to the TILA-RESPA Integrated Disclosure rule are welcome, but don’t go nearly far enough. The biggest complaint? The Consumer Financial Protection Bureau’s proposed changes to the rule don’t address two of the biggest challenges, both of which concern lenders coordinating with title and settlement services.

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From:: Real Estate Wire