Can you believe it? We are close to celebrating ten years of the Truth in Lending Act (TILA) – Real Estate Settlement Procedures Act (RESPA) Integrated Disclosures (TRID)!
This event will include breakout rooms where you will get the opportunity to collaborate with peers, as well as our industry expert, Lauren Sparks. Limited spots available!
Join us for this special workshop for community institutions to explore the requirements of the TRID process. And with ten years of history, we’ll have plenty to talk about and work on together!
TRID Workshop for Community Banks – Part 1
May 1, 2025 | 10:00 am – 12:30 pm CDT
We will begin with the basic regulatory requirements and emphasize the areas where your policy or product decisions dictate how you will be compliant for certain fields. We will share common errors, audit exceptions, and exam findings to highlight potential gaps in your process. Finally, we will break into groups to explore common questions and the operationalizing of compliance at your institution, including tips on developing internal controls to assist you.
What You’ll Learn
- Truth in Lending Act and Real Estate Settlement Procedures Act overview specific to TRID
- Application coverage
- Loan Estimate timing and delivery requirements
- Review of the Loan Estimate block by block
- Changed Circumstance process and Intent to Proceed
- Common errors, audit exceptions, and exam findings for the Loan Estimate
- Internal controls to support the TRID Loan Estimate process
- Practical methods to track TRID application activity and Loan Estimate issuance
- Common questions workshop where we will work through scenarios and discuss ideas/tips/tools
TRID Workshop for Community Banks – Part 2
May 8, 2025 | 10:00 am – 12:30 pm CDT
We will begin with a short recap of the Loan Estimate factors that impact the Closing Disclosure. We will share common errors, audit exceptions, and exam findings to highlight potential gaps in your Closing Disclosure process. Finally, we will break into groups to explore common questions and the operationalizing of compliance at your institution, including developing internal control tips to assist you.
What You’ll Learn
- Recap of Loan Estimate factors feeding into the Closing Disclosure
- Intent to Proceed
- Handling Changed Circumstances: the reality of a mortgage loan
- Review of the Closing Disclosure block by block
- Common errors, audit exceptions, and exam findings for the Closing Disclosure
- Internal controls to support an accurate TRID Closing Disclosure process
- Post Closing control processes
- Common questions workshop where we will work through scenarios and discuss ideas/tips/tools
Who Should Attend
This workshop is ideal for anyone with hands-on responsibilities for issuing, addressing with customers, reviewing, or auditing the TRID process, including loan officers, loan processors responsible for TRID documentation, compliance officers, and auditors.