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.

WHAT YOU WILL LEARN 

• 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