Top 20 TRID Issues & Risks

Gain practical insight into issues that create compliance and financial risks under Regulation Z. This webinar will explain where institutions make the most errors and how to avoid costly reimbursements or enforcement actions. Learn the correct sequence for required disclosures, how and when tolerances may be reset, and documentation practices that prove full compliance. Ensure your team understands exactly what TRID demands and what regulators expect so you can protect your institution from preventable exposure and improve loan process accuracy.

In this informative webinar, you will learn where the chief concerns lie within Regulation Z’s TRID provisions that impact consumer mortgage loans. These rules can cost your institution real money, whether in the form of regulatory enforcement or 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 retain documentation to prove it.

We will discuss the specific order of tasks, including when you’re able to provide revised disclosures when things change. As well, we will specify when you are able to reset critical tolerance levels so you are not stuck later providing excessive reimbursement to borrowers. Learn how to make sure your documentation is buttoned up to avoid real problems later.

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