$305.00 – $705.00
Date Recorded: January 27, 2022
Presenter: Anetria Cohen, Vice President and Senior Consultant, FORVIS
A two-hour webinar on the rule’s requirements, how we can get things wrong, and whether we can do anything about it.
Although financial institutions may be accustomed to the Truth-in-Lending/RESPA Integrated Disclosures (TRID) requirements, we still have lapses in our procedures or the information that we disclose on the forms. Unfortunately, someone is going to make a mistake at some point. We can fail to provide a disclosure on time, and we can fail to provide correct disclosures.
However, just as we can violate the rules, there are situations when information can change as we go through the application process. The rules contemplate us providing disclosures that are estimates. That this information changes from what we previously disclosed may be perfectly fine – that is, there is no violation. This is just as important to know.
This webinar will review the basic Loan Estimate and Closing Disclosure rules and what are, and are not, violations of the rules. We’ll discuss the potential consequences to violations and whether we can do anything about it.
HERE IS WHAT YOU WILL LEARN:
This webinar will review the following topics:
This program is suitable for all personnel involved in consumer mortgage lending, including loan officers, loan processors, and mortgage brokers. Compliance officers and auditors responsible for ensuring the financial institution is fulfilling its regulatory responsibilities will also find the program valuable.
Program Level: Basic
Prerequisite/Advanced Preparation: Basic Knowledge of Lending Regulations
Field of Study: Specialized Knowledge
Any recording, transmission, retransmission, or republishing of any portion of this webinar is prohibited.