Since TRID became effective on October 3rd, 2015, a fair number of lenders find themselves still struggling with it's implementation. For this reason, we are dedicating today's and next week's program, to this important topic.
On today's program, we have as our special guest, LORETTA SALZANO a leading industry attorney and expert on this topic. Loretta is with the law firm Franzen and Salzano, P.C. Here are some of the questions Loretta will be answering on today's program:
- What are some stumbling blocks the industry didn’t anticipate?
- What are the major causes of these hurdles?
- What impact has TRID had on lenders’ processes, systems and controls?
- What can lenders do to overcome these issues?
Created BY mortgage professional FOR mortgage professionals, Lykken on Lending is a weekly 60-minute radio program styled “podcast” 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 & Sam Garcia of MortgageDaily.com giving a quick MTG NEWS HEADLINES update and Andy Schell (a/k/a "The Profit Doctor") providing tips on FINANCIAL MANAGEMENT. This is followed by the HOT TOPIC segment, which is an in depth discussion about one of the hottest topics related to the mortgage industry.