We got the official announcement that TRID implementation is October 3, 2015. Today we had a conference call with an industry partner and they asked me what seemed was an innocuous question, however I really think this could be a great forum for all of the my lender/compliance folks to share their thoughts because I am betting there are a lot of folks with this question on their mind… if you do not want to comment publicly please email me at firstname.lastname@example.org
QUESTION- What documents are we expecting to see signed at the closing table after Oct 1?
ANSWER- Closing Disclosure, Settlement Statement and the normal other documents.
FOLLOW UP QUESTION- We do not like the format of the proposed settlement statements being put forth, we would rather use an explanation of the CD to flesh out the title insurance challenges (simultaneous issue questions)
WHAT ARE YOUR THOUGHTS???? WHAT IS YOUR COMPANY GOING TO REQUIRE???