BAI Webinar

TRID Update: Understanding and Navigating

Regulatory Change

Sign-up now!

All fields required.

RECORDED: March 15, 2018
TIME: 1:00 - 2:00 PM CT

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Donec id imperdiet velit. Nam sollicitudin mi a congue blandit. Integer condimentum ligula nec augue faucibus gravida. Nam luctus faucibus augue nec suscipit. Nulla enim ante, fermentum vitae dolor at, pulvinar bibendum risus. Integer aliquet vel nisi ac feugiat.

Do you remember back in 2012 when the CFPB issued the proposed TRID forms and rules? Or the November 2013 release of the final rule and its original August 2015 implementation date?

Ever since the TRID rules went into effect in October 2015 there have been open questions, informal opinions, obvious contradictions and a little confusion about how to disclose certain information and certain loan types. Already in July 2016 the CFPB issued a proposal to resolve some of those issues. After receiving more than 1,600 comments, a final rule was published in the Federal Register August 11, 2017.

Join us for this complimentary BAI webinar as Tim Tedrick, Partner, Wipfli LLP, will summarize and detail the various pieces of the nearly 560 page amendment including guidance on tolerances, voluntary issuance of Loan Estimates, written lists of service providers, total of payments, Cash to Close, simultaneous subordinate liens, rounding and more.

Key Takeaways:

  • Know the timelines for voluntary and mandatory compliance
  • Know the issues that you will want to address with your vendor(s)
  • Know the items that you have already “adopted”
  • Understand Cash to Close better
  • Understand how construction loan disclosures have been standardized
PRESENTER:

Tim Tedrick
Partner

Wipfli LLP

Tim is a partner with the accounting firm of Wipfli LLP Ltd. He has more than 40 years of experience, the first eleven with a bank, and the remaining with Wipfli where he now heads up the compliance team. He was the compliance officer, cashier, security officer and one of the loan officers when he left the bank. Since then he has performed consultations for various sized financial institutions in six states to help the institutions prepare for examinations by regulators. A graduate of the ABA National Graduate Compliance School in Norman, Oklahoma, he is also a Certified Regulatory Compliance Manager and a Certified Risk Professional. He has taught at various state banking schools and has given training sessions to banks on a regular basis. His firm provides traditional accounting, audit consulting and tax services to approximately 800 financial institutions on an ongoing basis.



Thank you for downloading:

Best Practices for Supporting

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Donec id imperdiet velit. Nam sollicitudin mi a congue blandit. Integer condimentum ligula nec augue faucibus gravida. Nam luctus faucibus augue nec suscipit.

Powerful Tools

A few lines of text goes here to describe this sections whatever that might be

Read More
Relevant Content

A few lines of text goes here to describe this sections whatever that might be

Read More
Powerful Tools

A few lines of text goes here to describe this sections whatever that might be

Read More
Exceeding Expectations

A few lines of text goes here to describe this sections whatever that might be

Read More