When Cordray told us in Boston back in 2013 that TRID would start a trend toward eliminating extra paperwork in real estate transactions, I remember thinking that's a wonderful idea, but there are too many moving parts and parties with an interest in those deals to believe there's any real hope of shrinking the documentation load. It's like trying to turn an aircraft carrier under steam with a rubber dingy and a paddle.
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John S. Burnett
BankersOnline.com
Fighting for Compliance since 1976
Bankers' Threads User #8