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.

Wicked Title Forum, an organization providing education and resources for title insurance and settlement professionals, supports targeted reforms to mortgage disclosure requirements. They argue for specific improvements to the TRID rule, such as tailored disclosures for construction loans, clearer title insurance presentations, and standardized electronic data exchanges, while cautioning against wholesale removals of consumer protections.

A former residential lender and loan processor argues that the TRID process, specifically the "Changed Circumstances" issues and the three-day waiting periods for Closing Disclosures, creates unnecessary delays and costs for both consumers and banks. The commenter suggests that these regulations slow down the funding process and have not effectively prevented home foreclosures.

A settlement agent with over 30 years of experience argues that the Closing Disclosure (CD) is too long and confusing for consumers, making it less effective than the old HUD settlement sheet. The commenter advocates for a simplified "settlement sheet" format and expresses frustration over the time-consuming nature of preparing the CD and the lack of time borrowers have to review it.