14-10-2015 23:59 via housingwire.com

Executive Conversation: Jason Roth on the industry's TRID readiness

So, for the moment, our industry has some more breathing room. Make no mistake about it, however, now that consumers (read the plaintiff’s bar) can sue over Real Estate Settlement Procedures Act (RESPA) / Truth in Lending Act (TILA) defects, from now on, every closing is a potential lawsuit for the lender.
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