By Rob Chrisman

Posted To: Pipeline Press

I received this note from a veteran LO in a western state. “I was talking with a top-producing Realtor on broker tour this week. Unlike too many of his colleagues, he actually knew about TRID and we were talking about 8/1. ‘Just another good reason to accept the cash offer,’ is what he told me. How’s that for consumer protection? Even the sellers have the potential to get hosed by this nonsense.” Some people have a comment for everything – check out the comments at the bottom of this story about a Russian surgery who performed an appendectomy on himself. So much for Chuck Norris… And in mortgage M&A (it isn’t the first, won’t be the last) mortgage lender and servicer Planet Home Lending announced that it has signed a definitive agreement to “acquire the employees and assets” related to…(read more)

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Via:: Mortgage Bank Acquisitions; Iowa’s Cool TRID Grid; USDA Rural Housing Updates

      

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Written by : Mortgage News Daily

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