RC_RC_GO_406.1 Answering Advanced TRID FAQs for Compliance Professionals
In the Answering Advanced TRID FAQs for Compliance Professionals course, legal experts in mortgage lending regulatory compliance respond to frequently-asked questions about how to comply with the TRID rule. The course speaks to several challenging situations lenders face in the practical aspects of complying with the TRID rule, and the content includes responses to a wide variety of real world questions. The questions in the course were collected from MBA members and representatives from MBA's committees for Risk Management, Legal Issues, and Regulatory Compliance.
This course begins with an overview of the TILA-RESPA Integrated Disclosure FAQs published by the CFPB. It then addresses questions from the industry participants and MBA committee members, which are organized into questions related to: where or how information should be disclosed; lender credits; tolerances; cures; and required disclosures and liability.
This is a single-family/residential course.
- CFPB TRID FAQs
- Where to Disclose Information
- Lender Credits
- Required Disclosures and Liability
Seat time approximately 4.5 hours.