Here’s how TRID impacted mortgage defects in 2016

After the implementation of the Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosure rule in October 2015, the industry dedicated most of its attention in 2016 to working out how to originate under the rule. New data from ARMCO displays exactly how effectively the industry adjusted to the rule throughout 2016. Check out the following charts and data to see if TRID is still hampering growth.