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Top Ten Most Common TRID Issues - Webinar

Top Ten Most Common TRID Issues - Webinar

by Deb Rondeau -
Number of replies: 0

Center for Financial Training
Webinar - Live and Recorded Options Available

Top Ten Most Common TRID Issues

Wednesday, September 4, 2019
11:00 AM - 1:00 PM (Eastern Time)

 

CFT Webinars are purely educational. Instructors are not permitted to sell any products or services during the presentation.

Program Content:

What?:

The Consumer Financial Protection Bureau (CFPB) published a final rule to implement the Truth in Lending Act/Real Estate Settlement Procedures Act integrated disclosures (TRID) on November 20, 2013. The final rule was effective on October 3, 2015. The TRID rules and guidance from the CFPB continue to evolve. After much industry confusion and concern regarding the new rules, the CFPB released a proposal to update the TRID regulation in July 2016. The final TRID Amendment was released on July 7, 2017, with a mandatory compliance date of October 1, 2018. The program explains selected issues from the final amendments and also explains changes made by the Economic Growth, Regulatory Relief and Consumer Protection Act, which was signed into law on May 24, 2018.

This two-hour program reviews selected TRID amendment issues and explains how the amendments impact the existing rule, including:

  • The general rules contained in §1026.19;
  • The content rules and the detailed instructions for completing the loan estimate from §1026.37; and
  • The content rules and the detailed instructions for completing the closing disclosure from §1026.38.

Why?:

Daily TRID management continues to challenge many banks and lenders; this webinar provides a thorough review of the most common issues resulting from the amendments. Whether you are new to TRID or have been involved since its inception, this review of the amendments provides the information you need in order to implement the changes.

Participants receive a detailed manual that serves as a handbook long after the program is completed.

Covered Topics:

  • The expanded scope of TRID coverage;
  • The rules for the timing and content of revised disclosures;
  • Guidance on sharing disclosures with various parties involved in the mortgage origination process;
  • Proper disclosure of construction loans;
  • How to disclose simultaneous subordinate lien loans;
  • Accurately disclosing the Calculating Cash to Close table;
  • Tolerance requirements for charges paid to all parties;
  • Clarification on when and how to disclose a rate lock;
  • Proper disclosure of lender and seller credits;
  • Revisions to disclosures of escrow disclosure requirements;
  • Changes made by the Economic Growth, Regulatory Relief and Consumer Protection Act;
  • And so much more…

Who Should Attend?:

This program is designed for managers of all departments that originate mortgage loans, compliance officers, loan officers, auditors and others with responsibilities for preparing, delivering or auditing the TRID disclosures.. Please forward email to appropriate person(s).

Instructor:

Jack Holzknecht is the CEO of Compliance Resource, LLC. He has been delivering the word on lending compliance for 43 years. In 38 years as a trainer over 145,000 bankers (and many examiners) have participated in Jack’s live seminars and webinars. Jack’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. Jack 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.

What Is A Webinar?:

A webinar combines the clarity of an audio teleconference with the interactivity and visual presentation of the internet. All you need to participate is a telephone and an internet connection. Even if you don't have an internet connection, you can still participate in the audio session. Listening to the program over the telephone and following the written materials is an effective alternative!

Unable To Attend?:

No problem. You can purchase a recording of the webinar for future use. You can choose from either an On-Demand Web Link (Good for 6 months from the webinar date, unlimited use) or a CD-ROM (includes a paper copy of the PowerPoint slides).

Viewing Options (all options include applicable handouts):

All options include applicable handouts. You can choose to pay by credit card or be billed. Additional Live Webinar connections are $75 each.

Option 1: Live Webinar and 7 Days OnDemand Video Playback - $265

Option 2: OnDemand Video (six months access) - $295

Option 3: Live and 6 Months of OnDemand Video - $365

Option 4: CD-ROM Video (Includes OnDemand Video) - $345

Option 5: Entire Package (all of the above) - $395

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Recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.

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Questions?

Please contact Scott Briggs at
800-795-5242 X1180 or scott@cfteducation.org

 

Looking for more in depth compliance training? Check out the 2019 Federal Compliance School!: Click Here