TRID tanked originations in Q4

Get Smarter. Grow Your Referral Network.
Limited seating available for Inman Connect San Francisco

A sharp drop in purchase loan originations in the fourth quarter of 2015 — the product of compliance challenges posed by the implementation of the Consumer Financial Protection Bureau’s TRID (TILA-RESPA Integrated Disclosures) rule in October — was slightly offset by a small increase in refinance originations, according to RealtyTrac’s latest U.S. Property Residential Property Loan Origination Report.