Fannie Mae and Freddie Mac recently issued guidance on post TRID expectations. In this guidance, both Government Sponsored Entities (GSE) stated that they are aware that lenders continue to address the implementation of TRID’s technical requirements. In recognition of this, until further notice, they will not conduct routine post-purchase loan file reviews for technical compliance with TRID. After a transition period, both GSEs will consider whether to begin such reviews for technical compliance. Any such measures will be announced before being implemented. Lenders are expected to make good faith efforts to comply with TRID. Failure to use a TRID-required form will be deemed a violation of the good faith efforts standard and will render the mortgage loan subject to all contractual remedies, including repurchase.