TRID: Common Violations, Gray Areas, and Regulatory Concerns

Date:

Mar 12, 2025

Register

Even though we’ve been living with the TILA-RESPA Integrated Disclosures (TRID) rule for over a decade now (believe it or not), compliance can be frustratingly elusive. The rules are so detailed and prescriptive that 100% accuracy is near impossible. Scrutiny of TRID disclosures is traditionally quite intense, plus when you consider the legal liability of inaccurate disclosure of the many fees, identifying the many hot spots of TRID becomes paramount.

Agenda

Wednesday, March 12th, 2025
11:00 am - 1:00 pm EST

  • Coverage issues – straightforward but still a challenge
  • Application issues – data points, preapprovals, and more
  • TRID is a timeline – the complicated timing rules of TRID: the 3-day LE rule, 7-day LE rule, and the 3-day CD rule. Making sure you count correctly.
  • Problems with disclosure of various fees
  • Providing a revised loan estimate – when can you do this? How does it impact tolerance issues?
  • Changed circumstances – what this does and what it does NOT do
  • Proper calculation of tolerances/variances – what is your baseline?
  • Closing loans properly
  • Corrected CDs – timing is everything
  • Redisclosure and reimbursement after closing
  • Making sure your procedures are comprehensive
  • And many more, with a focus on the problem areas
Topics

Topics

  • Compliance
  • Lending
  • Lending Compliance

Roles

  • Bank Legal Counsel
  • Branch Manager
  • Compliance Officer
  • Facilities Manager
  • Internal Auditor
  • Loan Closer
  • Loan Operations Manager/Specialist
  • Senior Management
  • Training Manager
  • Trainer
  • Workout Specialist/Collector

Who Should Attend
This session is ideal for loan officers, compliance professionals, auditors, QA/QC staff, processors, management, legal staff, and anyone else involved in the consumer mortgage application, processing, and closing processes.

Speaker(s)

Carl Pry is a Certified Regulatory Compliance Manager (CRCM) and Certified Risk Professional (CRP) who is a Senior Advisor for Asurity Advisors in Washington, DC. Through his more than 30-year working career, as well as through his experience as a banking attorney and officer, he has provided a variety of regulatory compliance and financial performance services to financial institutions and other clients throughout the country. He has written extensively regarding consumer and commercial compliance, tax, audit, and financial institution legal issues, and is a frequent contributor to and currently serves as the Chair of the Editorial Advisory Board for the ABA Bank Compliance magazine. He has spoken at scores of banking, compliance, and state bar associations, and has conducted training sessions for financial institutions across the country.

Fees

$299.00or 1 Token

Available Upgrades

  • 12 Months OnDemand Playback $120.00
  • 12 Months OnDemand Playback + Digital Download $150.00
  • Additional Live Access $125.00 per person
Association Contact

Brooke McCormack, Education Meeting Coordinator
bmccormack@indiana.bank
317-387-9380