regulation: Another Cost of TRID - to the Consumer, of course - 07/16/15 08:39 AM
Another Cost of TRID - to the Consumer, of course
 
 
     5 years ago, if you asked the public, "Would you like new rules, regulations, authorities, and processes that would mitigate your risk when getting a home loan?", the answer likely would have been a resounding "YES!".
 
     If you asked the same group about a more realistic future, something along the lines of "Would you like your lender to have slightly less flexibility in screwing you with a bait & switch deal, but you'll have to pay hundreds, even thousands of dollars every time you buy a home to ensure this?", I … (21 comments)

regulation: TRID Delayed - 06/18/15 03:56 AM
TRID Delayed
 
 
     The day we've all been dreading has been pushed back a couple of months.  The CFPB announced that implementation of the new discosures will not take effect until October 1, giving us all a few more months to worry about how many delays it'll cause for our business- yay!
 
     The delay is supposedly an administrative hiccup, coupled with a weird explanation from CFPB director Richard Cordray about it not being a good idea to roll something like this out around back-to-school time.  With that, I wholeheartedly agree.  I also don't think it's a good idea to roll it out … (84 comments)

 
John Meussner, #MortgageMadeEasy Walnut Creek, CA 484-680-4852 (Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,) Ambassador large

John Meussner

#MortgageMadeEasy Walnut Creek, CA 484-680-4852

Walnut Creek, CA

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Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,

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