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Event Date |
Tue Feb 4 CST (almost 5 years ago)
In your timezone (EST): Tue Feb 4 10:00am - Tue Feb 4 5:00pm |
Location |
Embassy Suites Hotel
1815 S Meridian Ave, Oklahoma City, OK 73108, USA |
Region | Americas |
The TILA-RESPA integrated disclosure rules (TRID) have been effective for over four years, but that does not mean they are easy. The TRID rules are both detailed and vague, simple and complicated -- all at the same time. Institutions continue to have questions and issues with the process, the forms and compliance with them.
The Loan Estimate is intended to give the consumer information regarding the projected terms and costs of the transaction, information important to the consumer in order to allow them to shop for loans. The Closing Disclosure explains the exact terms of the transaction, so that consumers know precisely what they will have to pay and why. These rules have been revised several times with clarifications and more confusion causing institutions to continue to grapple with complying with the TRID rules.
In this one-day seminar, we will briefly review the TRID rules and focus on real world scenarios and examples that institutions face when actually trying to complete the loan estimate and closing disclosure forms, manage the process, monitor/audit results, and provide meaningful management reporting. We will take a deep dive into the challenges of TRID compliance, examiner hot buttons, and more!
This seminar is designed to provide insight into the who, what, where, when, how and why in complying with TRID, including any recent changes and clarifications.
The comprehensive seminar manual serves as a detailed analysis of the TRID rules, including the amendments, and serves as a valuable reference tool.
2020 Presenter
David Luken
Vice President, ProBank Austin