TRID Compliance: Tricky Spots, Common Errors, & Recent Amendments

Legal & Regulatory Compliance

TRID 2.0 is intended to provide clarity to the original TRID rule, but understanding its complexities can be challenging. This session will focus on key provisions and changes in TRID 2.0, as it is affectionately called, including many clarifications around disclosure of construction loans. Examine some of the lingering tricky spots where technical violations are still seen in audits and exams.

Who Should Attend: Chief Compliance Officer, Compliance Manager, Chief Risk Officer, Commercial Loan Officer, Auditor

Learning Objectives

  • Walk through the key changes and clarifications under the amended TRID rule
  • Delve into additional clarifications around construction loans
  • Discuss the elimination of the four-day “black hole” for closing disclosure revisions
  • Address common errors and FAQs such as the separation of buyer and seller information when the seller receives a separate Closing Disclosure; itemization of government fees and taxes; properly disclosing simultaneous issue lender’s/owner’s title insurance, and other matters

Speaker

Lisa Zigo
Managing Partner
Sterling Compliance, LLC
Lisa Zigo began her banking career in 1991 at a multi-bank holding company, spending the first decade in credit risk review. Moving to a community bank as vice president and director of credit administration, she managed loan operations, collections, and a team of credit analysts. Other roles include compliance officer and senior vice president, director of operations. In early 2012, Lisa entered the consulting arena, and has since written customized credit policy manuals and compliance policies, developed comprehensive compliance risk management programs, performed loan review services and compliance reviews, facilitated strategic planning sessions, and conducted various webinars and training sessions for banks and state banking organizations across the nation. In 2015, Lisa partnered with a long-time friend and colleague to form Sterling Compliance, LLC, furthering the vision they shared for bringing a balanced perspective to clients for practical approaches to regulatory compliance with battle-tested, effective results.

Webinar Fees

Pricing For Price Season Pass
Bank Member $195 $0
Bank Nonmember $249 $0
Affiliate Member $195 $0
Affiliate Nonmember $249 $0

Season Pass Members receive 4 individual logins to every webinar

Additional Info

Participants will earn 1.0 CPE credit

Field of Study: Specialized Knowledge

Prerequisites: Knowledge of TRID

Advanced Preparation: None

Program Level: Intermediate

Delivery Method: Group Internet Based

Refunds and Cancellations: Webinar registrations are non-refundable. If the registrant is unable to attend the designated time and date of the webinar, a playback link and any written materials will be provided within 2 business days following the conclusion of the webinar

Western Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:www.nasbaregistry.org.

Register

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