With the new TILA-RESPA Integrated Disclosure (TRID) just four very short months away, there has been considerable discussion about vendor readiness and even some rumors about a possible CFPB delay of the rule.  While a delay is not likely, the MBA Tech Conference in Orlando had two sessions and a supersession to discuss friction points and issues surrounding the rule from its effects on pre-application to closing.  Furthermore, the MBA wrote a letter along with many other trade organizations to the CFPB asking for a grace period on enforecement and liability.  Ken Markison, the Vice President of the Mortgage Bankers Association of America (MBA), has been at the forefront in dealing with the CFPB and has just returned from last week's Tech Conference and will be giving us an update on the latest having to do with TRID.  

Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Joe Farr with a MARKET UPDATE, Alice Alvey providing a LEGISLATIVE UPDATE, Paul Muolo of IMFnews.com giving a quick MTG NEWS HEADLINES update and Andy Schell (a/k/a "The Profit Doctor") on FINANCIAL MANAGEMENT. 

With the new TILA-RESPA Integrated Disclosure (TRID) just four very short months away, there has been considerable discussion about vendor readiness and even some rumors about a possible CFPB delay of the rule.  While a delay is not likely, the MBA Tech Conference in Orlando had two sessions and a supersession to discuss friction points and issues surrounding the rule from its effects on pre-application to closing.  Furthermore, the MBA wrote a letter along with many other trade organizations to the CFPB asking for a grace period on enforecement and liability.  Ken Markison, the Vice President of the Mortgage Bankers Association of America (MBA), has been at the forefront in dealing with the CFPB and has just returned from last week's Tech Conference and will be giving us an update on the latest having to do with TRID.  

Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program hosted by mortgage veteran, David Lykken. Joining the program each week is Joe Farr with a MARKET UPDATE, Alice Alvey providing a LEGISLATIVE UPDATE, Paul Muolo of IMFnews.com giving a quick MTG NEWS HEADLINES update and Andy Schell (a/k/a "The Profit Doctor") on FINANCIAL MANAGEMENT.