More than two years after the implementation of TRID, a new report shows loan defects related to TRID have declined dramatically.
MetaSource released its annual study of post-close quality control mortgage audits, covering tens of thousands of loans. Strategic Account Manager Brady Meadows sat down with RESPA News to go over the highlights, providing insight on how the change from TRID problems to more typical mortgage defects has happened.
Read on for more, including one of the key pain points for technology in managing compliant closings.
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