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TRID's impact on appraisers, fees
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The implementation of the TILA-RESPA Integrated Disclosure (TRID) rule has been in effect for six months, and although most of the impact of TRID has been felt by lenders and settlement agents, there are aspects of the new rule that have changed the way appraisers need to do business, as well. How disruptive has TRID been? What concerns remain about the implementation of the rule? Valuation Review talked with appraisers and AMCs to get some insight from the trenches.
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