“The Headline is: Are TRID Violations an Epidemic in the Mortgage Industry?”

Good morning Joe.  So far so good around here.  I do understand it is not that way in other areas.  We all know it's just a matter of time before a couple goes haywire around here.  

 Good morning Joe. I've not heard of too many people having problems with TRID. If done correctly, the system works.

Good morning, Joe Petrowsky we have had plenty of closings and had no issues....none....

The first one I had was with a big bank and we had to extend the closing 2 times.   My customer finally had to sell stock to pay cash.  So the townhome did not fall out. The seller was getting nervous. 

There will be stories like this but as everybody becomes familiar with the process the exceptions will be less and less. 

If they can't find a bloody headline to lead with, they simply make one up. Inman is just as bad.

Good morning Joe. It is not an epidemic except for those who need headlines! Enjoy your day!

Hello Joe Petrowsky 

I am with Wayne Martin on this one as I have (so far) only had one closing that experienced a problem under TRID.  Seems someone just needed a headline to stir things up.

Good morning Joe,

Except for an inexperienced family attorney so fay it has been good.

The media has to have sizzle to sell commercials so they may find more dope to sell us!

Make yourself a great day.

Joe, Your clients are fortunate to be working with you. Have a good day.

No issues with TRID only with the buyers Lender not getting all his documentation for my Sellers to close by 22nd which isn't going to happen once he does get the document and Friday he still had NOT  received it for his buyer and now seller will have to suffer because of the new TRID rules..... not the fault of TRID but this particular Lender who had six weeks..... it will hopefully close end of month.

Joe, not sure about the application, but 3 closings went perfect, forms done on time.  One this week did not do the intent on time and still have no figures for closing. 

It is very difficult to separate truth from fiction when reading the articles about this epidemic.

The Simple Truth is that not everybody is as conscientious as you Joe Petrowsky 

Bill Roberts

You hold your breath on each one, and then move on. So far, no problems.

Hi Joe ---we learn to live with change and as long as we are prepared and follow-up, things seem to work out just fine.   

Joe all of our TRID loans have closed without re-disclosure, but we have three people looking at the Closing Disclosure before it is sent to the Borrower.  We have had to correct a number of software mistakes which would have resulted in re-disclosure and delays had they not been caught. 

Two things are issue for us right now:

• Software errors
• Sellers Attorneys not getting us closing figures quickly.

Once these to situations are corrected, TRID will be a piece of cake.

Joe - I have a closing tomorow, no problems. Two more coming up and keeping my fingers crossed.

I have had no trouble with the deals I closed recently. The media will say anything to get noticed.

Joe

It looks like your on top of TRID . . . .

Good luck and success.

Lou Ludwig

Every TRID transaction I've down has closed on time and without delay Joe Petrowsky .   That's the benefit of using a professional LICENSED lender like you and I