Mission TRID: Overcoming Examiner-Cited Mistakes

TRID continues to top the list of examiners’ most-cited violations.  The issue may be as small as a missed checkbox or as large as a fee increase that results in a tolerance cure to the borrower.  Compliance efforts over the last several years have been devoted to implementing TRID and ensuring disclosures are provided to borrowers in a timely, accurate manner.  But TRID rules continue to grow and evolve – and examiners are diving deeper into disclosures and processes to ensure you are providing accurate documents to applicants and borrowers.  This session will review sample disclosures for fixed-rate, adjustable-rate, and construction loans. As the documents are reviewed, the speaker will address regulatory requirements, dive into the guidance, and review common errors when completing the LE and CD.

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