Where the Money Is: TRID Landmines That Could Cost Your Institution
Can you identify TRID’s chief compliance risks that could lead to enforcement and/or remediation? This informative webinar will cover the consumer mortgage loan TRID landmines that can really cost you. It will address the specific order of tasks, including when revised disclosures can be provided, and specify when critical tolerance levels can be reset so there’s no excessive reimbursement to borrowers. Don’t miss it!
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Abide by TRID’s timing rules to ensure compliance
- Distinguish situations where the lender is or is not able to reset tolerance levels properly
- Provide the proper documentation to demonstrate compliance with these complicated provisions
- Serve accountholders properly by providing accurate and useful information during the consumer mortgage loan process
WEBINAR DETAILS
This informative webinar will explain the chief concerns regarding Reg Z’s TRID provisions, which impact consumer mortgage loans. Noncompliance can cost your institution real money, whether in the form of regulatory enforcement, reimbursement, or other compensation to borrowers. It is imperative that TRID’s requirements be followed to the letter and in a timely manner, and that the lender clearly retains adequate documentation. You’ll learn how to ensure your documentation is buttoned up to avoid landmines later.
WHO SHOULD ATTEND?
This informative session is designed for consumer mortgage lending staff, including loan officers, processors, closing agents, compliance staff, legal professionals, and auditors who manage or monitor these activities.
