TRID 101: Back to Basics, July 2020

July 28 2020 16:00 - 17:00 UTC

Whether you’re new to mortgage lending or need a refresher, this session will provide critical foundational knowledge of the complex TILA-RESPA Integrated Disclosure Rule in plain English. You will learn not only the mechanics of the disclosures and how they vary for different types of transactions, when and why revisions may be necessary, but also how to avoid potentially costly violations.

In this session, we will discuss:

  • Types of transactions covered
  • Disclosure timing rules
  • Completing the Loan Estimate and the importance of making good faith estimates based on the best information reasonably available
  • Completing the Closing Disclosure
  • Disclosure revisions and changed circumstances – when you can and cannot redisclose
  • Good faith analysis and fee tolerances
  • Specific disclosure requirements unique to construction loans
  • Who gets the disclosures and why right of rescission matters

CPE Information:
• Prerequisites: N/A • Advanced Preparations: N/A
• Course Level: Basic • Group Internet Based Training

CBANC Network is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

  • Fair Lending
  • TRID
    • Disclosure
    • Mortgage
    • Residential Lending
  • TRID Tolerance Reconciliation.xlsx
    Attendees Only
  • TRID File Audit Checklist.xlsx
    Attendees Only
  • TRID 101 July 2020.pdf
    Attendees Only

Purchase this webinar to access it on demand.