Survey Suggests Cordray’s Dismissal of TRID’s Impacts Inaccurate
CFPB Director Cordray's recent remarks that the TILA/RESPA Integrated Disclosure rules have had negligible impact on mortgage lending may not be entirely accurate, based on this ABA study, which found that 25% of respondents have eliminated mortgage products because of the rule, and more than 75% said loan closings are being delayed as a result of TRID. [3/2/16]


