Menu Toggle Search

Surviving a TRID Compliance Exam

May 19 2:00 PM - May 19, 2021 3:30 PM
May 19, 2021 2:00 PM - 3:30 PM
Add event to: ICal Outlook Google Calendar

TRID troubles? Are you ready for your next exam – or do you have questions? Examiners require full compliance with TRID’s complex regulatory and documentation requirements. Do you know the likely areas of scrutiny? This insightful session will outline common issues and best practices when preparing for and responding to exams or audits.

Learning Objectives

  • Explain the timing requirements for Loan Estimates, written lists of providers, revised Loan Estimates, and Closing Disclosures
  • Understand tolerance levels, cure options, and when they can be “reset”
  • Verify documentation options for intent to proceed, changed circumstances, and a borrower’s receipt of required disclosures
  • Answer common questions to assist in documenting compliance efforts
  • Identify regulatory sections and resources for additional research and confirmation

Examiners and auditors require full compliance with the detailed, technical TILA/RESPA Integrated Disclosure (TRID) requirements, including the 2018 TRID amendments. Given the complex requirements, mortgage lenders need to perform internal reviews and analyze mortgage practices to ensure their disclosures and procedures are compliant – and ensure they are appropriately positioned to push back on overstated or incorrect findings.

While a full review and analysis of the TRID requirements is not possible, this webinar will provide answers to common questions and likely areas of examiner or auditor scrutiny. Timing requirements, written lists of providers, and tolerance levels will be specifically analyzed. Documentation and record retention requirements will also be discussed. 



Steven Van Beek, JD, Howard & Howard Attorneys PLLC

Steve Van Beek is an attorney at Howard & Howard Attorneys PLLC where he concentrates his practice in the area of financial regulations. He assists financial institutions throughout the country manage and reduce compliance, legal, and reputation risks. Prior to joining Howard & Howard, he served as the Vice President of Regulatory Compliance at the National Association of Federal Credit Unions (NAFCU). He received his bachelor’s from Hope College and his JD from George Mason University School of Law and is a member of the American Bar Association.




Additional Info

Event Type

On-Demand Webinar

Topics Covered

  • On-Demand Webinars
  • Lending & Collections
  • Compliance