TRID: Changed Circumstances & Revised Loan Estimates
June 18, 2025
Live Webinar
DateJun 18, 2025Duration60 minutes
08:00 AM PDT09:00 AM MDT
10:00 AM CDT11:00 AM EDT
- 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
Compliance with the TILA-RESPA Integrated Disclosure (TRID) rule is very complex and continues to be a frequently cited violation.
Just when it seems compliance
documentation requirements are satisfied, a change occurs. Whether borrower- or
lender-initiated, changes happen for a variety of reasons, and you must be
prepared to recognize opportunities to issue a revised Loan Estimate that
enables critical tolerance levels to be reset.
AFTER THIS
WEBINAR YOU’LL BE ABLE TO:
- Effectively address borrower-initiated change requests
- Recognize valid changed circumstances which permit the issuance of a revised Loan Estimate
- Explain the timing requirements associated with a valid changed circumstance
- Develop documentation to justify resetting baselines for tolerance testing
- Explain the importance of documenting fees impacted as a result of a valid changed circumstance
- Properly calculate variances of loan costs and their corresponding tolerance categories
WEBINAR DETAILS
This webinar will review what constitutes valid
TRID changed circumstances and how to issue a revised Loan Estimate in a timely
manner. It will explain how to properly calculate if the change enables
re-disclosure of the costs so that they stay within acceptable tolerance
levels. Loan file documentation is critical to support the reason for the
change and to clearly identify the fees that were directly impacted. This program
is designed to ensure you are prepared to capture the opportunity to issue a
revised Loan Estimate and properly support the lender’s reaction to a change.
WHO SHOULD ATTEND?
This informative session
is designed for mortgage lenders, loan processors, loan review staff, auditors,
compliance personnel, and any others involved in preparing the loan estimate.
TAKE-AWAY TOOLKIT
- Sample changed circumstances 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 institution is prohibited. Print materials may be copied for eligible
participants only.
Presented By
Brode Consulting Services, Inc.
© 2025 FINANCIAL EDUCATION & DEVELOPMENT, INC
