TILA RESPA Integrated Disclosure (TRID) Rule Resources
In This Section
The TILA RESPA Integrated Disclosure (TRID) rule's October 3rd implementation deadline has passed. This massive rule weighs in at nearly 2,000 pages and impacts all businesses that touch a residential mortgage, as well as homebuyers. The Consumer Financial Protection Bureau (CFPB) is enforcing this rule. Compliance presents a challenge, as it requires large-scale operational changes for lenders, title companies and many more.
MBA has a wide variety of products and services to help you prepare. No matter what your appetite is for information on TRID - We've got you covered.
Go by the Book with the TRID Resource Guide
The MBA Compliance Essentials TRID Resource Guide addresses the key areas on which your company needs to be working in order to operationalize these new requirements into your business and ensure compliance. It covers the new Loan Estimate and Closing Disclosure in detail, outlines top issues with the rule, and provides a set of model policies and procedures along with checklists for implementation. The book is written by top industry compliance experts.
At the Convenience of Your Desk with the TRID Compliance Basics Self-Study Web Course
About an hour in length, this course is designed to ensure that your entire staff understands the foundational concepts of the TRID rule. The course introduces the rule, presentes the Loan Estimate and Written List of Providers, and Pre-Disclosure requirements. It then moves to tolerances and changed circumstances, the Closing Disclosure, and concludes with an overview of enforcement and liability.
Know Before You Go Resources for Real Estate Agents, Brokers and Consumers
Free resources for MBA members
The Know Before You Owe (TRID) rule has gone into effect for applications received on or after October 3. It is more important than ever for all parties to understand how the new procedures will impact closing timelines. To that end, MBA has created resources-free to our members to download and distribute-to help educate your business partners and consumers.
MBA on TRID:
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