Gain insight into implications of the rule that pose common challenges to those in the mortgage industry as well as their business practices and processes.
This topic will cover the basic aspects of the TRID rule, including scope, implementation timeline, rule amendments, and a guided tour through the new forms themselves. It will highlight the major implications of the rule that pose common challenges to those in the mortgage industry as well as their business practices and processes. Two rule amendments and their impact on open issues will be assessed. This topic is important to anyone who participates in or assists participants in the residential mortgage lending industry.