How many of you are ready for the new TRID Requirements coming out?

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Chris Mamone, Senior Loan Officer (Keller Mortgage)

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Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES

Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL

Florida Waterfront and Country Club Living

I am concerned about the lenders getting the information sent out to buyers on time. Most transactions that involve lenders don't close in 30 days anyway, lucky if they close in 45 days, now it will be 60 for sure. Other than that, I think the new forms are easy to understand.

Jul 07, 2015 09:32 AM

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Chris Mamone

Tacoma, WA

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634,532

Kathleen Luiten

Resort and Second-Home Specialist - Princeville, HI

Kauai Luxury Ocean Home Sales

I'm ready. Not happy about the extra time we'll need in escrow but hoping the paperwork is actually easier for clients to understand.

Jul 07, 2015 09:07 AM

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Chris Mamone

Tacoma, WA

Rainer
61,641

Renee Paray

Coldwell Banker Realty - Blue Bell, PA

REALTOR

I did like the faster pace of the 30 day closings.

Jul 07, 2015 06:48 AM

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Chris Mamone

Tacoma, WA

Rainmaker
699,277

Chris and Dick Dovorany

Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL

Broker/Associate at Premiere Plus Realty

Change happens.

Jul 07, 2015 05:10 AM

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Chris Mamone

Tacoma, WA

Rainmaker
4,584,246

Michael Jacobs

Pasadena, CA

Pasadena And Southern California 818.516.4393

Hi Chris -- I've been to one seminar so far highlighting the changes - I guess time will tell. Who knows what may happen before or after October 1, 2015.

Jul 08, 2015 01:55 AM

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I am concerned about the lenders getting the information sent out to buyers on time. Most transactions that involve lenders don't close in 30 days anyway, lucky if they close in 45 days, now it will be 60 for sure. Other than that, I think the new forms are easy to understand.
I'm ready. Not happy about the extra time we'll need in escrow but hoping the paperwork is actually easier for clients to understand.
Hi Chris -- I've been to one seminar so far highlighting the changes - I guess time will tell. Who knows what may happen before or after October 1, 2015.