Auditing for TRID Compliance

Auditing for TRID Compliance

The TILA/RESPA Integrated Disclosures (TRID) - Loan Estimate (LE) and Closing Disclosure (CD) – continue to present challenges for loan staff and auditors, but we now have the benefit of several years’ experience to guide us. This session will provide a step-by-step guide to reviewing LEs and CDs for accuracy and timeliness, and will address common errors and not-so-common scenarios that we’ve encountered.

Covered Topics:

- Checklist for policy and procedure
- Sample audit questions
- Procedures for testing the TRID loan estimate and closing disclosure
- Reporting process
- Common Errors

Who Should Attend: Compliance Officers, Internal Auditors, Mortgage Lending Managers, and Mortgage Lending Staff will all benefit from this webinar.

Speaker: Prior to becoming a full-time Compliance Officer in 2002, Kyla spent almost 15 years in Credit Union operations gaining valuable experience and insight into how regulatory compliance works in the "real world." She now applies that knowledge as a COMPASS Compliance Specialist, assisting with product development, staff training, advertising review, development of policies and procedures.

Kyla regularly attends meetings of the Capital Area Compliance Roundtable and served as President of the BSA Compliance Roundtable. Kyla is a CUNA certified Credit Union Compliance Expert (CUCE), a NAFCU Certified Compliance Officer (NCCO), and a certified Bank Secrecy Act Compliance Specialist (BSACS).