TRID: Auditing the LE & CD for Compliance
March 6, 2025
Live Webinar
DateMar 6, 2025Duration90 minutes
08:00 AM PST09:00 AM MST
10:00 AM CST11:00 AM EST
- Unlimited connections for your institution
- Available on desktop, mobile & tablet
- Take-away toolkit
- Presenter’s contact info for questions
On-Demand Webinar
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
This detailed session will dive into what auditors must know for TRID compliance.
Many tools will be provided to
aid in completing a TRID audit, including tips on calculating TRID-sensitive
dates, examples to ensure proper selection of the loan’s purpose, formulas to
verify calculations, and a list of common costs and their appropriate placement
within the Loan Costs table. Join us to learn more about this challenging topic.
AFTER THIS
WEBINAR YOU’LL BE ABLE TO:
- Audit for timing requirements
- Determine if disclosures were issued in good faith
- Identify if a valid changed circumstance occurred
- Verify critical numbers using the FFIEC tool
- Review completed TRID documents for accuracy
WEBINAR DETAILS
TRID continues to be a challenging regulation, and it is critical that your
institution has implemented tools to regularly audit the Loan Estimate (LE) and
Closing Disclosure (CD) for accuracy. Join us as we review critical TRID
components, including document delivery timing requirements, determining if the
good faith standard was achieved, and identifying if a valid changed
circumstance was encountered and supported by file documentation.
This program
will include an explanation of how to utilize the FFIEC’s disclosure
computational tool to test the accuracy of the annual percentage rate and
finance charges. In addition, it will provide guides to assist auditors with LE
and CD regulatory citations.
WHO SHOULD ATTEND?
This informative session
is designed for those responsible for TRID compliance, including mortgage
lenders, real estate lenders, loan closers, loan processors, compliance staff,
risk professionals, and audit personnel.
TAKE-AWAY TOOLKIT
- TRID calculation formulas
- Examples of purpose types defined by Regulations C and Z
- Changed circumstances worksheet
- Tolerance chart identified by fee category
- Sample loan cost comparison worksheet
- 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 institution is prohibited. Print materials may be copied for eligible
participants only.
Presented By
Brode Consulting Services, Inc.
© 2025 FINANCIAL EDUCATION & DEVELOPMENT, INC