TRID: Auditing the LE & CD for Compliance

TRID remains one of the most complex and high-risk regulatory requirements, making it essential for institutions to have strong tools and processes in place to routinely audit the Loan Estimate (LE) and Closing Disclosure (CD) for accuracy and compliance. In this session, we will break down the most critical TRID requirements, including document delivery timing, evaluating whether the good faith standard has been met, and determining when a changed circumstance is valid — and properly supported by file documentation. Participants will receive a practical walkthrough of the FFIEC’s disclosure computational tools, learning how to test and validate the accuracy of the annual percentage rate (APR) and finance charges with confidence.