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Breaking News!!! TRID effective date pushed back to October!!!
IMHO This was due to what Janet Yellen said today. http://www.mpamag.com/news/trid-effective-date-pushed-back-to-october-22911.aspx "Young couples are delaying getting married because they are finding it so hard to get a mortgage to buy their first home, Janet Yellen, the chair of the Federal Reserve, warned on Wednesday as she once more signaled a historic rise in interest rates later this year.
Yellen said people were finding it so hard to secure credit from banks that “people [are] delaying marriage [because they] can’t get mortgages as easily”. She said that it is still too difficult for people to get a mortgage unless they have “pristine” credit scores.
The difficulties many face securing mortgages has caused the US home ownership rate to hit its lowest level since 1989, according to Commerce Department data. The seasonally adjusted homeownership rate dropped to 63.8% in the first quarter of 2015, compared to 65% in 2014 and 69.2% in 2005."
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