TRID is all about getting the best information available into an applicant’s hands so they can make informed decisions. Sometimes things don’t always go as planned. TRID has very specific requirements as to when you have a changed circumstance, when you can revise the Loan Estimate and/or Closing Disclosure and the how “good faith” standard comes into play.
What You’ll Learn
- All About Changed Circumstances
- The “Good Faith” Standard & Expectations
- The “Good Faith” Effect on Revised Loan Estimates
- The “Good Faith” Effect on Revised Closing Disclosures
- Tolerance Thresholds (0%, 10% & Unlimited) & Comparisons
- Documentation Requirements: Myths & Misconceptions
- Your Questions, Plain English Answers & Much More!
Who Should Attend
This webinar is designed for consumer real estate loan officers, loan processors, compliance and audit personnel.