Tag Archives: TILA-RESPA integrated disclosures

ABA Survey: QM Lending Dipped in 2015

The percentage of Qualified Mortgages originated by banks declined in 2015, falling to 86 percent from 90 percent in 2014, according to ABA’s latest Residential Real Estate Survey released today as the association kicks off its annual Real Estate Lending Conference in San Antonio.

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Cordray: CFPB Will Provide Further TRID Guidance

In congressional testimony yesterday, Consumer Financial Protection Bureau Director Richard Cordray said that the bureau would provide further question-and-answer guidance to the financial and housing industries on complying with the TILA-RESPA integrated disclosures, which -- since TRID took effect in October 2015 -- have been delaying mortgage closings, according to a recent ABA survey.

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