TRID - “TILA-RESPA Integrated Disclosure” rule implementation
TRID is a long-anticipated change to the mortgage process. different forms, different timelines, and improved processes. Our industry has undergone many changes and this one is just another adaptation to an industry that is trying to put the consumer first.
TRID makes mortgages more transparent and easier to understand for consumers, which is great for the consumer. Mortgages are complicated product as you dig into the minutia. If consumers have more transparency, they will be able to see value and have time to make a more informed choice instead of being sold into the product Du Jour. Listen to your client and match the product to their needs.
Chairman and CEO
Southeast Mortgage of Georgia, Inc.