Tag: TILA-RESPA Integrated Disclosure
Mid America Remains Largely Unchallenged in Bid for Defective TRID Mortgage Loans in 2016
NEWS: (ADDISON, Texas) Mid America Mortgage, Inc. remains one of few bidders on so-called TRID 'defect' loans, said Owner and Chief Executive Officer Jeff Bode. According to Bode, Mid America wins roughly 80 percent of its bids on the loans, which have been rejected for purchase by other investors due to TILA-RESPA Integrated Disclosure (TRID) infractions ranging from minor errors to more significant defects.
