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Top 10 Most Common TRID Issues, Webinar
August 27, 2018 @ 1:30 pm - 3:30 pm CDT
The Consumer Financial Protection Bureau (CFPB) published a final rule to implement the new integrated disclosures (TRID) on November 20, 2013. The final rule was effective on October 3, 2015. The TRID rules and guidance from the CFPB continue to evolve. After much industry confusion and concern regarding elements of the regulation, the CFPB released a proposal to update the TRID regulation in July 2016. The final TRID Amendment was released on July 7, 2017, with a mandatory compliance date of October 1, 2018. The program also explains changes made by the Economic Growth, Regulatory Relief and Consumer Protection Act, which was signed into law on May 24, 2018.
This two-hour program reviews the 2017 amendments and explains how the amendments impact the existing rule, including:
- The general rules contained in §1026.19;
- The content rules and the detailed instructions for completing the loan estimate from §1026.37; and
- The content rules and the detailed instructions for completing the closing disclosure from §1026.38.