Calyx: LOS works, investors wary of CFPB-HUD issue

Calyx Software Vice President of Business Development Dennis Boggs told Dodd Frank Update that problems with the TILA-RESPA Integrated Disclosure (TRID) forms that its loan origination system (LOS) produces are a result of differences between the Consumer Financial Protection Bureau and the Department of Housing and Urban Development and not because of Calyx technology issues. Read on to find out what the issue is and why it’s keeping investors from buying certain TRID loans.