The TILA RESPA Integrated Disclosure (TRID) rule represents a sea-change in our industry. Much broader than a set of requirements that bring along new forms, compliance with the new TRID rule demands major systems and business operations changes that extend beyond your company and impact all arrangements with third-party settlement services providers. The deadline for compliance with these new requirements is fast approaching, and will be here on October 3, 2015.
The MBA Compliance Essentials TRID Resource Guide addresses the key areas on which your company needs to be working in order to operationalize these new requirements into your business and ensure compliance by October 3. The Resource Guide covers not only the new Loan Estimate and Closing Disclosure in detail, but also outlines top issues with the rule, and provides a set of model policies and procedures along with checklists for implementation and working with technology providers.