Morning Minute: TRID reduced fourth quarter ’15 originations

TRID iconA 24 percent quarter-over-quarter reduction in purchase loan originations coincided with the Consumer Financial Protection Bureau’s TRID (TILA-RESPA Integrated Disclosures) rule, stated an Inman Select story Thursday. In “TRID tanked originations in Q4,” information from Realty Trac’s most recent U.S. Property Residential Property Loan Origination Report, which also noted a 14 percent reduction in purchase originations when compared to the third quarter of 2015.

Dan Wagner

Dan Wagner

Wagner joins Conservation Foundation board – Senior Vice President of Government Relations for The Inland Real Estate Group of Companies Dan Wagner has been named to the board of trustees for The Conservation Foundation.  The foundation is a not-for-profit land and watershed conservation organization in northeast Illinois, covering DuPage, Kane, Kendall and Will counties. Wagner is president of the Chicago Association of REALTORS®.

REALTORS advocate homeownership opportunities for veterans on Capitol Hill – An article in the Record-Courier of Kent, Ohio discusses the NAR’s support of the Veterans Affairs Department’s Home Loan Guaranty Program and Specially Adapted Housing Grants.

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