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TRID

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Mid America Mortgage: We’ll buy your defective TRID loans 

Dec 22, 2015By

Since the implementation of the CFPB’s TRID rule, a trend has begun to emerge for some smaller lenders – investors and aggregators rejecting loan purchases because the loans are not 100% certifiably compliant with TRID. One mortgage company that plans to be there for its fellow lenders is Mid America Mortgage, which stated that its interested in buying “Scratch & Dent” loans with TRID compliance violations.