Events

What circumstances allow for a revised Loan Estimate? Do you understand the timing and documentation requirements? What about tolerance levels, testing, and resetting? Join us to learn how to identify a legitimate TRID changed circumstance and keep your institution in compliance.

After This Webinar You’ll Be Able To:

  • Recognize valid changed circumstances which permit issuance of a revised Loan Estimate
  • Identify when a revised Loan Estimate must be issued
  • Distinguish when a revised disclosure was made for information purposes
  • Explain the timing requirements associated with a valid changed circumstance
  • Develop documentation to justify resetting baselines for tolerance testing
  • Determine the fees impacted as a result of the changed circumstance

Webinar Details
There is change in every aspect of life and the mortgage loan process is no exception. Changes happen for a variety of reasons, whether initiated by the borrower or when information relied upon by the lender changes or was inaccurate. Your institution must be prepared to recognize opportunities to issue a revised Loan Estimate that enables critical tolerance levels to be reset.

This webinar will dive into what constitutes valid TRID changed circumstances and how to issue a revised Loan Estimate in a timely manner. Loan file documentation is critical to support the reason for the change and to clearly identify the fees that were directly impacted to reset tolerance levels. This webinar is designed to ensure you are prepared to capture opportunities to issue revised Loan Estimates and properly support your institution’s response to a change.

Who Should Attend?
This informative session is designed for mortgage lenders, loan processors, loan review staff, auditors, and compliance officers.

Take-Away Toolkit

  • Sample changed circumstance form
  • Tolerance fee category example chart
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your agency is prohibited. Print materials may be copied for eligible participants only.

Presenter Bio

Molly Stull – Brode Consulting Services, Inc.
Molly Stull began her career as a teller while working on her undergraduate degree and has continued working in the financial industry ever since. She has experienced the growth of a hometown bank, branch mergers, charter changes, name changes, etc. Stull has activated business resumption plans, performed secondary market quality control reviews, processed wires, filed SARs, and coordinated reviews with external auditors and examiners. Her favorite role has always been educating staff and strongly believes that if staff understands the reason for a process they will be more compelled to follow the procedures. Stull holds a bachelor’s from the University of Akron and an MBA from Ashland University.

Registration Options

  • $245 – Live Webinar Access
  • $245 – OnDemand Access + Digital Download
  • $350 – Both Live & On-Demand Access + Digital Download

Don’t let a TRID mistake cost you a citation — or worse. This is your chance to get the goods on TRID, including loan estimates and closing disclosures. Improve your accuracy (and customer service) with this detail-driven webinar.

After This Webinar You’ll Be Able To:

  • Define which loans are covered by TRID rules
  • Describe the requirements for each section of the Loan Estimate (LE) and closing disclosure (CD)
  • Distinguish between a loan’s “purpose” under TRID versus HMDA versus URLA
  • Explain when a revised LE is necessary
  • Understand requirements for both single- and separate-close construction loans and permanent-phase closings
  • Review the accuracy of projected payments and other calculations
  • Test charges subject to tolerance standards
  • Recognize when a corrected CD is required

Webinar Details
TRID continues to top the list of examiners’ most-cited violations. The issue may be as small as a missed checkbox or as large as a fee increase that results in a tolerance cure to the borrower. Compliance efforts over the last several years have been devoted to implementing TRID and ensuring disclosures are provided to borrowers in a timely, accurate manner. But TRID rules continue to grow and evolve — and examiners are diving deeper into disclosures and processes to ensure you are providing accurate documents to applicants and borrowers. This session will review sample disclosures for fixed-rate, adjustable-rate, and construction loans. As the documents are reviewed, the speaker will address regulatory requirements, dive into the guidance, and review common errors when completing the LE and CD.

Who Should Attend?
This informative session is directed to loan officers, mortgage officers, loan processors, loan operations staff, compliance officers, and internal audit staff.

Take-Away Toolkit

  • TRID tolerance chart
  • Formulas to test TRID calculations
  • Sample completed forms
  • Employee training log
  • Interactive quiz
  • PDF of slides and speaker’s contact info for follow-up questions
  • Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your agency is prohibited. Print materials may be copied for eligible participants only.

Presenter Bio

Dawn Kincaid – Brode Consulting Services Inc.
Dawn Kincaid began her banking career while attending The Ohio State University. She has over 20 years’ experience in client service, operations, information technology, administrative and board relations, marketing, and compliance. Most recently Kincaid served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized implementation of new products and services. Kincaid has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer. She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits and exams, and presented for numerous state associations.

Registration Options

  • $245 – Live Webinar Access
  • $245 – OnDemand Access + Digital Download
  • $350 – Both Live & On-Demand Access + Digital Download

The Truth in Lending/Real Estate Settlement Procedures Integrated Disclosures (TRID) requirements are overwhelming for almost everyone, but especially so for someone with little or no experience with the requirements. The TRID rules were originally published in 2013 and were effective in October 2015. Final TRID 2.0 rules were published in July 2017, and were effective on October 1, 2018. The next version of the TRID rules are in development right now.

This four-part program provides the information needed to master the TRID rules. It focuses on origination of closed-end loans secured by real property. It does not cover open-end credit or credit that is unsecured or secured by collateral other than real property or a cooperative unit.

This four-part program provides a very comprehensive review of the TRID rules, the Loan Estimate (LE), and the Closing Disclosure (CD). Whether you are new to TRID or a veteran seeking a review of the requirements, this program will meet your needs.

What You’ll Learn
Part 1 August 8, 2022

  • General Rules
    • Covered & Exempt Transactions
    • Predisclosure & Early Disclosures Activity
    • Loan Estimate
    • Shopping Disclosure
    • Tolerance
    • Good Faith
  • Revised Disclosures
    • LE
    • CD
  • Waiver of Waiting Period

What You’ll Learn
Part 2 August 9, 2022

  • Loan Estimate – Line-by-Line
    • General Information
    • Loan Terms
    • Projected Payments
    • Costs at Closing
    • Loan Costs
    • Other Costs
    • Calculating Cash to Close
    • Comparisons
    • Other Considerations
    • Air Table
    • AP Table
    • Confirm Receipt

What You’ll Learn
Part 3 August 10, 2022

  • Closing Disclosure – Line-by-Line
    • General Information
    • Loan Terms
    • Projected Payments
    • Costs at Closing
    • Loan Costs
    • Other Costs
    • Calculating Cash to Close
    • Summaries of Transactions
    • Loan Disclosures
    • Loan Calculations
    • Other Disclosures
    • Contact Information
    • Air Table
    • AP Table
    • Confirm Receipt

What You’ll Learn
Part 4 August 11, 2022

  • TRID for Construction Loans
    • Scope
    • Timing
    • Appendix D
    • General Information
    • Loan Terms
    • Projected Payments
    • Loan and Other Costs
    • Calculating Cash to Close
    • Summaries of Transactions
    • Loan Disclosures
    • Air Table
    • AP Table
    • Loan Calculations
    • Other Disclosures
    • Contact Information
    • Confirm Receipt

Who Should Attend
The program is designed for loan officers, compliance officers, loan support staff, marketing staff, auditors, and any others with responsibilities related to the TRID rules.

Presenter Bio
Jack Holzknecht is the CEO of Compliance Resource, LLC. He has been delivering the word on lending compliance for 44 years. In 39 years as a trainer over 147,000 bankers (and many examiners) have participated in Holzknecht’s live seminars and webinars. Holzknecht’s career began in 1976 as a federal bank examiner. He later headed the product and education divisions of a regional consulting company. There he developed loan and deposit form systems and software. He also developed and presented training programs to bankers in 43 states. Holzknecht has been an instructor at compliance schools presented by a number of state bankers associations. As a contractor, he developed and delivered compliance training for the FDIC for ten years. He is a Certified Regulatory Compliance Manager and a member of the National Speakers Association.

Registration Options

Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts $1049

  • Available Upgrades:
    • 12 Months OnDemand Playback + $340
    • 12 Months OnDemand Playback + CD + $460
    • Additional Live Access + $275 per person

The TRID rules are complicated and can be quite daunting for those who are new to TRID in general. This webinar is a great opportunity to introduce those “newbies” to TRID at the ground level. You might even have a few seasoned loan officers that need a refresher. Attendees will learn the basics and the general concepts found throughout the TRID requirements. Not only will they gain confidence as they learn the ins and outs in plain English but they will get started off on the right track.

What You’ll Learn

  • Covered Transactions
  • What is a “TRID” Loan Application
  • The “Good Faith” & “Due Diligence” Expectations
  • The Tolerance Buckets
  • The Loan Estimate & Closing Disclosure Concepts
  • An Introduction to Changed Circumstances
  • The “Good Faith” & “Due Diligence” Expectations
  • The Tolerance Buckets
  • The Loan Estimate & Closing Disclosure Concepts
  • An Introduction to Changed Circumstances

Who Should Attend
This webinar is designed for consumer real estate loan officers, loan processors, and compliance and audit personnel.

Presenter Bio
Jerod Moyer is the leader of Banker’s Compliance Consulting’s training productions. He is a nationally recognized speaker. Whether it’s a conference, seminar, school, webinar or luncheon, it’s easy to stay engaged when he presents due to the amount of passion and energy he brings to each and every compliance topic. Jerod has spoken on behalf of the American Banker’s Association, BankersOnline, many state banking associations, private compliance groups and financial institutions. He is a Certified Regulatory Compliance Manager (CRCM) and BankersOnline Guru.

Moyer likes to spend his time (between reading regulations and producing compliance training!) relaxing at the lake with his wife and three children, following their activities or engaged in something sports related!

Registration Options

Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts $279

  • Available Upgrades:
    • 12 Months OnDemand Playback + $110
    • 12 Months OnDemand Playback + CD + $140
    • Additional Live Access + $75 per person

Note: This information is part 1 of a 2 part series.  To register for both webinars click here.

There are numerous compliance requirements when originating a consumer-purpose mortgage loan. Most people think about the TRID requirements (TILA-RESPA Integrated Disclosures), but there are many more. From ability-to-repay and Qualified Mortgage (QM) rules, flood insurance and appraisal requirements, to fair lending, there is much to think about. As well, the loan may be HMDA-reportable. And with the many recent changes in the QM, HMDA, and appraisal rules, things can get tricky. As well, the pandemic resulted in additional considerations. We’ll pay particular attention to these changes so you don’t miss a beat.

How can you keep all the requirements straight in your head so you can be sure to not miss anything? In Part 1 of this 2-part webinar, we’ll discuss all the relevant requirements and considerations in the origination process.

Covered Topics
Reg. Z and RESPA, including TRID requirements, to include:

  • The LE and CD
  • Affiliated Business Arrangement disclosure
  • Special Information Booklet
  • Special Reg. Z requirements around ARMs
  • HPMLs
  • Section 32 loans
  • Rental property loans
  • And the ATR/QM rules

Who Should Attend
Anyone at the institution involved in the mortgage loan origination process, including loan officers, processors, loan secretaries, closing agents, compliance officers, counsel, management, and others.

Instructor Bio
Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Managing Director for Treliant Risk Advisors in Washington, DC. Through his working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and is a frequent contributor to and currently serves on the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at scores of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country.

Registration Options
Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts $279

Available Upgrades:

  • 12 Months OnDemand Playback + $110
  • 12 Months OnDemand Playback + CD + $140
  • Additional Live Access + $75 per person

Get a heads up before examiners arrive! The TRID rules are complicated which can ultimately lead to errors and put your bank at risk. This webinar will point out what examiners are looking for and will also bring your attention to areas that are notorious for errors. Consider this webinar your “cheat sheet” to get you on the right track BEFORE your next examination.

Covered Topics

  • Loan Estimate & Closing Disclosure Majors
  • Common Loan Estimate & Closing Disclosure Issues
  • Revising the Loan Estimate & Closing Disclosure
  • The Latest CFPB Guidance
  • The “Good Faith” Standard
  • Shopping
  • Tolerance Comparisons & Cures
  • Best Practices, Examination Feedback & Much More!

Who Should Attend
This webinar is designed for consumer real estate loan officers, loan processors, and compliance and audit personnel.

Instructor Bio
Jerod Moyer is the leader of Banker’s Compliance Consulting’s training productions. He is a nationally recognized speaker. Whether it’s a conference, seminar, school, webinar or luncheon, it’s easy to stay engaged when he presents due to the amount of passion and energy he brings to each and every compliance topic. Moyer has spoken on behalf of the American Banker’s Association, BankersOnline, many state banking associations, private compliance groups and financial institutions. He is a Certified Regulatory Compliance Manager (CRCM) and BankersOnline Guru.

Moyer likes to spend his time (between reading regulations and producing compliance training!) relaxing at the lake with his wife and three children, following their activities or engaged in something sports related!

Registration Options
Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts $279

Available Upgrades:

  • 12 Months OnDemand Playback + $110
  • 12 Months OnDemand Playback + CD + $140
  • Additional Live Access + $75 per person

Covered Topics
Training Day Agenda (Subject to change)

  • 9:00 am – 10:30 am CT (Followed by a 15 minute break and Q&A)
  • 10:45 am – 12:00 pm CT (Followed by a 60 minute lunch break and Q&A)
  • 1:00 pm – 2:30 pm CT (Followed by a 15 minute break and Q&A)
  • 2:45 pm – 4:00 pm CT (Followed by Q&A and session wrap up)

Attend the Appraisal Rules and Standards, RESPA Requirements, and Banking Servicemembers Seminar from the convenience of your own office or home via Live Streaming Video as it happens on Wednesday, May 18 (9:00 am – 4:00 pm Central Time), or at your own convenience with 12 months of OnDemand playback.

Banking Servicemembers: Rules, Regulations, and Issues to Be Aware Of

One of a financial institution’s greatest reputation risks is the mistreatment of servicemembers. Issues involving servicemembers are among the most critically important to regulators, so it’s essential to understand the requirements and get them right. Financial Institutions have been taking great care not to treat service members and their family members less favorably, due to these compliance and reputation risks problems in this area present. But what exactly are the rules?

The Servicemembers Civil Relief Act (SCRA) is the most well-known, of course. But there are other considerations, such as fair lending and even UDAAP. And the Military Lending Act (MLA) regulations cover different loans than does the SCRA. What we’ve seen over the last few years are lenders that believe they don’t have issues to deal with for military customers that are unfortunately taken by surprise. Does your institution know the rules, and what to do and not do? The SCRA and MLA aren’t the only issues to contend with either, as the CFPB has been particularly active when it comes to servicemember issues and concerns.

This live streaming session is designed to address all these issues, so you can be prepared. Know what it means to reduce the interest rate on active duty borrowers to 6%, as well as various other protections against foreclosure and other areas. Know how to determine whether you have a “covered borrower” under the MLA and SCRA, as the standards are different. We’ll also talk about some of the more recent enforcement actions taken against other institutions, to learn from others’ mistakes.

Appraisal Rules and Standards: Compliance with Changing Standards

The past few years have seen a significant emphasis on real estate appraisals and evaluation rules and regulations. With attention on credit standards increasing in general, it’s more important than ever to be aware of the rules. Revised Interagency Guidelines and requirements for consumer real estate loans under Reg Z have been in place for years, and we’ve seen additional requirements finalized recently. Just in the last few years, we’ve seen significant proposed and final regulations changing some thresholds and providing some additional exceptions from the requirement. In some cases (called “flipping transactions”), lenders even have to obtain two appraisals on the same property for one loan. And of course, COVID-19 has proved challenging, and in response, some leeway has been provided for appraisals.

Because breakdowns in appraisal practices were partly blamed for the mortgage crisis, regulators raised their expectations; lenders’ appraisal and evaluation programs must include more elements than ever before. Some themes now emphasized by the agencies are independence of the appraiser, evaluator, reviews, and qualifications. There are also limitations to using AVMs (automated valuation models), BPOs (broker price opinions), and similar evaluations such as tax valuations that must be accounted for.

Do you know the requirements? We’ll provide in-depth details of the appraisal and valuation process, from both the lender and appraiser side of the game, to provide a thorough understanding of what is required and what you need.

RESPA Requirements: Compliance in Today’s Mortgage Environment

Contrary to popular belief (and some wishful thinking), RESPA hasn’t gone away. Sure, TRID gutted most of RESPA’s disclosure requirements, but the rule itself didn’t disappear. In fact, there are many provisions that have been added to RESPA since the mortgage crisis, most notably servicing requirements for distressed borrowers. And in this time of the pandemic, there are unfortunately more distressed borrowers than we wish there would be. But that makes compliance with the requirements all that more important.

This streaming session will address all of RESPA’s requirements, both from an origination as well as servicing standpoint. The escrow rules are still in place, and the regulatory agencies have a renewed focus on Section 8 issues. Make sure you understand what these requirements are and are able to include them in your mortgage lending compliance processes.

Who Should Attend
Loan officers, lenders, compliance officers, auditors, underwriters, loan support staff, appraisers, closing agents, management, and many others will benefit from this event!

Instructor Bio
Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Managing Director for Treliant Risk Advisors in Washington, DC. Through his working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and is a frequent contributor to and currently serves on the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at scores of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country.

Registration

Live Stream + Access the recording for 12 months. $1049

This webcast will take a look at the TRID from A to Z and take your TRID compliance to the next level. All from the convenience of your own home or office via Live Streaming Video.

Covered Topics

  • How to Complete the Loan Estimate & Closing Disclosure
  • Shopping Requirements & Restrictions
  • Changed Circumstances
  • Revising Loan Estimates & Closing Disclosures
  • TRID for Construction Loans
  • Fees & Charges – What, Where, When, Why & How
  • Latest Updates, Guidance & Much More!

Training Day Agenda (Subject to Change)

9:00 am – 10:15 am CT (15 minute break)

Applications, Disclosures, Intent, Good Faith & Shopping
10:30 am – 12:00 pm CT (45 minute lunch break)

Loan Estimates
12:45 pm – 2:15 pm (15 minute break)

Revising the Loan Estimate
Closing Disclosures
2:30 – 4:00 pm

Closing Disclosures (Continued)
Construction
Revising the Closing Disclosure
Tolerance Cures & Other Misc. TRID

Attend this TRID A-Z streaming event from the convenience of your own home or office via Live Streaming Video as it happens on Thursday, April 28th (9:00 am – 4:00 pm Central Time), or at your own convenience with 12 months of OnDemand playback.

The TRID rules are complicated which can ultimately lead to errors and put your bank at risk. This webinar will take a look at TRID from beginning to end and everything in between. This is a great opportunity to take an in-depth look at TRID get your TRID compliance on the right track!

Who Should Attend
This webinar is designed for consumer real estate loan officers, loan processors, and compliance and audit personnel.

Instructor Bio
Jerod Moyer is the leader of Banker’s Compliance Consulting’s training productions. He is a nationally recognized speaker. Whether it’s a conference, seminar, school, webinar or luncheon, it’s easy to stay engaged when he presents due to the amount of passion and energy he brings to each and every compliance topic. Moyer has spoken on behalf of the American Banker’s Association, BankersOnline, many state banking associations, private compliance groups and financial institutions. He is a Certified Regulatory Compliance Manager (CRCM) and BankersOnline Guru.

Moyer likes to spend his time (between reading regulations and producing compliance training!) relaxing at the lake with his wife and three children, following their activities or engaged in something sports related!

Registration Option
Access the recording for 12 months $1049

Attend the Fair Lending Seminar from the convenience of your own office or home via Live Streaming Video as it happens on Wednesday, January 26th (9:00 am – 4:00 pm Central Time), or at your own convenience with 6 months of OnDemand playback.

Fair lending continues to be THE hot topic in 2022. The new administration and leadership have been outspoken in their new priorities and goals. This means new requirements and increased enforcement to monitor. Are you keeping up with all the changes that will impact your institution? It is more critical now than ever to ensure your fair lending program covers all the bases. There are new ways of looking at lending patterns, activities, and risks, and new expectations from the agencies.

This full-day streaming event will encompass an in-depth examination of fair lending principles, expectations, and techniques. We’ll explore what’s new in the area of fair lending, to new interpretations of protected classes, to future potential legislation. We’ll also cover aspects of formulating and maintaining an effective fair lending risk assessment, a critical component of an institution’s fair lending compliance program. We’ll also explore the many risks and hot spots to monitor for fair lending, and discuss how to best comply with the new requirements and expectations. We’ll ensure you’re ready for your next fair lending compliance examination so you can put your best foot forward.

Covered Topics

  • Fair lending legal and regulatory structure – where these requirements come from
  • Expansion of fair lending priorities and expectations – from Congress as well as the regulatory agencies
  • Prohibited bases under the rules (what you can do, as well), including changes in definitions – including examples and scenarios
  • Fair lending throughout the lending process – from A to Z
  • Marketing considerations – putting your best foot forward
  • Evaluating applications and underwriting – what you can and cannot consider
  • Government monitoring information – when to get it and how to handle it, including the new URLA/1003 application form
  • Fair lending litigation trends and lessons, including re-emphasis of disparate impact (including a return to how disparate impact is considered)
  • Redlining (including reverse redlining) – what is it, how do we analyze it, and what is new (hint: plenty)
  • “Intrabank” vs. “Interbank” redlining analyses, including the opportunity assessment – what are the standards?
  • Digital redlining – what is this and how does it impact your institution? How to look at redlining in the digital age
  • Fair lending and appraisals
  • REMA/Marketing Area/Service Area – what is this? What should we do to be ready for our next exam?
  • Dealing with small business loans
  • Treatment of income and other underwriting issues
  • Fair lending issues in the servicing environment, especially debt collection, default management, and foreclosures
  • Proxies and the BISG method – should we do this?
  • Foreign language and LEP issues – what are the rules?
  • DFA 1071 – understanding what the requirements will be
  • CRA as a fair lending tool
  • Developing an effective and comprehensive fair lending CMS
  • “Convergence” with UDAP/UDAAP – what should we do?
  • Fair lending in appraisals – what is coming?
  • Consequences

Who Should Attend?
Anyone in the institution having virtually any responsibility in the lending process has fair lending responsibilities, from senior management, loan officers, underwriters, and closing agents, to compliance officers, auditors, and attorneys, and would benefit from this valuable information.

Presenter

Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Managing Director for Treliant LLC in Washington, D.C. Through his working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and is a frequent contributor to and currently serves on the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at scores of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country.
Attend the Fair Lending Seminar from the convenience of your own office or home via Live Streaming Video as it happens on Wednesday, January 26th (9:00 am – 4:00 pm Central Time), or at your own convenience with 6 months of OnDemand playback.

Registration Options

  • Live Plus Five (days) – $265
  • OnDemand Recording – $295
  • CD-ROM – $345
  • Live Plus Six (months) – $365
  • Premier Package – $395

Even though TRID has been around for over 7 years now, it continues to confuse and confound. Plus there have been changes and additions to the rule. You’ve probably run into many of the same issues many of your peers are, and you likely have many of the same questions. TRID is always at or near the top of the list of common violations and problems. There continue to be areas of confusion that need clarity.

This webinar is intended to review and discuss the extensive ins and out regarding TRID, including the most recent updates and some continued unresolved questions and how to deal with them. As well, there are many pain points in both the new loan process and disclosures that we’ll review in order to formulate some best practices. We’ll talk specifics about the Loan Estimate and Closing Disclosure, as well as some of the frequent violations.

Covered Topics

  • Detailed TRID coverage requirements – what is covered and what is not?
  • Reform provisions – what will they do? What can we expect?
  • Criticality of meeting the timing and delivery requirements of the Loan Estimate and the Closing Disclosure
  • Ensuring your application process is sound
  • Issues around the content of the Loan Estimate and the Closing Disclosure – specific line items and questions
  • Variations/tolerance issues – what is the “fee tolerance baseline”? When we can issue a revised LE (and/or CD?) How and when should we remediate?
  • Documenting changed circumstances – perhaps the most important thing you can do
  • Changes before closing – is a new waiting period required?
  • Pre-disclosure requirements – collecting fees and obtaining “intent to proceed”
  • Pre-qualifications and preapprovals (are there such things anymore?)
  • Keeping straight the business day differences and the mailing rule
  • When to rely on automation vs. when not to
  • Proving your good faith efforts to comply
  • Redisclosure and reimbursement – when and how?
  • And much more

Who Should Attend?
Anyone in the institution having responsibilities in the consumer mortgage environment, including loan officers, processors, clerks, closing agents, and so forth. Also compliance officers and counsel will benefit from the information provided in this webinar.

Presenter
Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Managing Director for Treliant LLC in Washington, DC. Through his working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and is a frequent contributor to and currently serves on the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at scores of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country.

Registration Options

  • Live Plus Five (days) – $265
  • OnDemand Recording – $295
  • CD-ROM – $345
  • Live Plus Six (months) – $365
  • Premier Package – $395