Monday Morning Cup of Coffee: Was TRID worth it to homebuyers?

All that for nothing? A story in the Boston Herald on Sunday examines whether homeowners are using the new Loan Estimate — mandated in the CFPB’s TILA-RESPA Integrated Disclosure rule beginning last October — to shop around for lenders with the best rate, fees, etc. The story interviewed several mortgage lenders and found no evidence of this kind of comparison shopping.

Source: Monday Morning Cup of Coffee: Was TRID worth it to homebuyers?

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