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TRID Is ‘Chilling’ Mortgage Market, Investor Group Warns

TRID Is ‘Chilling’ Mortgage Market, Investor Group Warns

In a letter to CFPB Director Richard Cordray, the Association of Mortgage Investors said that the "Know Before You Owe" rule has "resulted in a climate of legal uncertainty" and is "chilling" private investment in the U.S. mortgage market.

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