TRID costs have affected CU lending, mitigation needed

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Ongoing compliance costs from the TRID rule continue to affect credit union lending, CUNA wrote to the CFPB as it assesses the rule as required by statute. CUNA found TRID rule compliance expenditures cost credit unions $563 million in 2018 alone.

https://news.cuna.org/articles/117150-trid-costs-have-affected-cu-lending-mitigation-needed