Auditing TRID (Integrated Disclosures)
We are finally into the dreaded TRID (Integrated Disclosures) changes, and it is time to begin to focus on auditing these new portions of the regulation to assure that the bank is in compliance. The regulations have had major impacts upon every bank for every size. The focus of this seminar is to discuss your audit plan in order to measure your compliance with the new regulations.
The seminar will cover three specific areas of audit –
1. Timing of all the disclosures,
2. Completion of the Loan Estimate, and
3. Completion of the Closing Disclosure.
Auditing these areas means an extensive review of many issues. This makes the audit process even more difficult, as the interrelationships of the various portions of the documents and their timing adds much complexity to the process.
Electronic worksheets will be provided to each attendee the working day prior to the seminar. Attendees can either print a copy or bring some sort of electronic device to use to follow the audit process. The worksheet will be provided in Excel, which will allow attendees to make changes as necessary to support their institutional needs.
- The potential impacts of the regulation
- The Timing Issues
- The Loan Estimate
- The Closing Disclosure
Bill Elliott, CRCM, Senior Consultant and Manager of Compliance
Bill Elliott has over 35 years of banking experience. As a compliance consultant and manager of the compliance division with Young & Associates, Inc., Bill works on a variety of compliance-related issues, including leading compliance seminars, conducting compliance reviews for all areas of compliance, conducting in-house training, and writing compliance articles and training materials. During his career, Bill spent 15 years as a compliance officer and CRA officer in a large community bank, and also worked for a large regional bank. He has been a lender for consumer, commercial, and mortgage loans, and has managed a variety of bank departments, including loan review, consumer/commercial loan processing, mortgage loan processing, loan administration, credit administration, collections, and commercial loan workout.
8:30 a.m. Registration & Continental Breakfast
9:00 a.m. Program Begins
12:00 Noon Lunch (included)
1:00 p.m. Program Resumes
4:00 p.m. Program Adjourns
8:30 a.m. Continental Breakfast
9:00 a.m. Program Begins
12:00 Noon Program Adjourns
This seminar will be held at the IBA Center for Professional Development, 6925 Parkdale Place, Indianapolis, IN 46254. Directions, map & a list of local hotels are available at www.indianabankers.org or by calling 317-387-9380.
$325 First Person
$255 Additional Attendee From Same Institution
If you have any questions please contact Marcy Borden at 317-387-9380 or via e-mail at firstname.lastname@example.org.
Within three or more business days prior to the day of an educational program, no cancellation charge will be assessed. Within two days prior, 50% of the fee is assessed. Refunds are not provided for cancellations the day before or absences on the day of the program. Substitutions are welcome at anytime.