Kristen S. Kautzer, representing Oostburg State Bank, supports the proposed action but advocates for practical reforms to the TRID rule. The Bank argues that current timing and redisclosure requirements create unnecessary costs and delays for both community banks and consumers, and it requests tailored requirements and safe harbors for small institutions.

The commenter, a mortgage broker, supports the proposed three-day "cooling off" period after closing to allow borrowers to review the full closing package. They argue that brokers currently lack visibility into the final documents and that the cooling-off period provides necessary protection for borrowers against errors or undisclosed terms.

A title agent with 30 years of experience argues that the TRID rule, specifically the three-day rule and CD balancing, complicates the professional process without providing significant benefits to consumers. The commenter suggests that lenders should only release information once a loan is cleared and advocates for a return to a simpler disclosure process like the HUD.

A licensed mortgage broker supports the Bureau's request for information on reducing compliance friction and expanding credit access. The commenter argues for specific reforms to eliminate redundant waiting periods, transition to materiality-based standards for loan estimates, clarify "bona fide financial emergency" waivers, and revise zero-tolerance regulations to allow for a reasonable aggregate tolerance.

The commenter argues for greater transparency in appraisal fees, noting that homebuyers are often not informed of the breakdown between the appraiser's compensation and the management company's fees. They advocate for clear disclosures to ensure consumers understand the true cost of services and to address consumer protection concerns.

The commenter, an independent fee appraiser, argues that appraisal management companies (AMCs) are unfairly reducing appraiser compensation while maintaining high fees for lenders. They advocate for national AMC regulations with enforceable actions to protect the profession's income and quality.

Doug Wadsworth, representing the advocacy organization Endangered Small Credit Union Defense (ESCUD), supports the CFPB's Request for Information regarding mortgage credit access. He argues that overly complex regulations like TRID and HMDA disproportionately burden small credit unions and recommends targeted regulatory relief, including asset-size exemptions and materiality-based standards.

The commenter, a real estate closing attorney/title agent, expresses concerns regarding the current practices of lenders who provide final closing documents too late for adequate review. They advocate for a requirement that final document packages be received by title companies at least one full business day prior to signing.