ProBank TRID Compliance: Facing the Challenges 2020 - Kentucky | ProBank Austin | 19 May 2020 | TBA, Bowling Green, Kentucky

Consumer Mortgage Lending has experienced tremendous changes over the last near 50 years. As mandated by the Dodd-Frank Act, completely new mortgage disclosure rules and integrated mortgage disclosure forms for the Loan Estimate and the Closing Disclosure (the TRID disclosures) were implemented in 2015 providing a new regulatory landscape.

The comprehensive seminar manual serves as a detailed analysis of the TRID rules, including the amendments, and serves as a valuable reference tool.

TOPICS :
• Overview of the TRID Rules
• Rules and Requirements for Providing the Loan Estimate
• Rules for Shopping for Settlement Service Providers
• Prohibitions and Limitations on Creditors’ Predisclosure Activities
• Determining Estimates of Closing Costs Good Faith Requirement
• Revised and Corrected Disclosures
• Changes Requiring New Waiting Period Before Consummation
• Resolving Clerical Errors and Refunds Related to the Good Faith Analysis
• Detailed Analysis of the Loan Estimate and Closing Disclosure
• Tolerances for the Total of Payments
• Principal Reductions for Tolerance Cures
• Construction Loans
• Calculating Cash to Close Table
• Other Disclosure Clarifications to the Loan Estimate and Closing Disclosure
• And much more!

2020 Presenter

David Luken
Vice President, vCard