Hello. My name is Erik Martin and I am a reporter for a nationally syndicated real estate section published weekly in newspapers across the country (see past examples at tinyurl.com/rewejm). I’m looking to interview mortgage/lending professionals, realtors/agents, and other housing experts for the following article: FOUR WAYS “KNOW BEFORE YOU OWE” HAS CHANGED HOMEBUYING: Significantly more homebuyers review their mortgage documents before closing since the Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosures rule (TRID) went into effect. Two new surveys (details attinyurl.com/jfzx474, and at tinyurl.com/z846s5u) show that TRID has had many positive effects on the mortgage business and has benefitted borrowers. This story would educate readers about what TRID is, highlight key ways in which TRID has impacted consumers, and provide insight from experts as to how TRID has changed the game. Below is a list of questions I’m seeking answers to. I can either conduct a phone or email interview (with the latter, please email me back full-sentence written responses that I can use as quotes). My deadline is noon central time, Monday, June 6.
QUESTIONS:1. Can you briefly describe what TRID (know before you buy) is, and why it was implemented, in layman’s terms?2. What are the key findings of either survey (at tinyurl.com/jfzx474, and at tinyurl.com/z846s5u) that surprised you and which indicate that “Know before you owe” (TRID) has positively impacted mortgage borrowers?3. Why is it important that more homebuyers are apparently reviewing their mortgage document before closing now that TRID is in effect?4. Why do you think there have been minimal delays in closing since TRID took effect, despite fears that the opposite would be true?5. Can you cite up to 4 (list at least 2) ways in which TRID has positively affected prospective borrowers and the mortgage process? Please provide a few details for each.6. In your opinion, has TRID been a success? Why/why not?7. Any other thoughts, tips or suggestions on this topic?8. What is your full name, title, company, city/state location, and email address?
Keywords
mortgage/lending professionals, realtors/agents, housing experts
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