Survey Says: TRID Extends Processing Times and Limits Products Offered

Matthew Smith and Richard J. Andreano, Jr. The American Bankers Association (ABA) has released findings from its recent 2016 ABA TRID Survey focusing on the TILA/RESPA Integrated Disclosure (TRID) rule’s effect on the residential mortgage lending market. The findings, which can be found here, tell the story of increased processing times, fewer products, and substantial closing delays. The survey of 548 banker... More >...(read more)

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