TILA/RESPA Integrated Disclosure “TRID” Resources to help you comply

TILA/RESPA Integrated Disclosure “TRID” Resources to help you comply

The following manuals from the CFPB should be required reading for all your mortgage staff and will guide you thru filling out each of the new forms section by section AND the process and timing of each form.

TILA-RESPA Integrated Disclosure Rule
Integrated Mortgage Disclosures under the Real Estate Settlement Procedures Act (Regulation X) and the Truth In Lending Act (Regulation Z)
http://files.consumerfinance.gov/f/201311_cfpb_final-rule_integrated-mortgage-disclosures.pdf

TILA-RESPA Integrated Disclosure Rule – Compliance guide
A plain-language guide to the new rules in a FAQ format which makes the content more accessible for industry constituents, especially smaller businesses with limited legal and compliance staff.
http://files.consumerfinance.gov/f/201409_cfpb_tila-respa-integrated-disclosure-rule_compliance-guide.pdf

TILA-RESPA Integrated Disclosure Rule – Guide to forms
Provides detailed, illustrated instructions on completing the Loan Estimate and Closing Disclosure.
http://www.consumerfinance.gov/f/201409_cfpb_tila-respa-integrated-disclosure-guide-to-form.pdf

TILA-RESPA Disclosure Timeline
Illustrates the process and timing of disclosures for a sample real estate purchase transaction.
http://www.consumerfinance.gov/f/201409_cfpb_tila-respa-integration-disclosure-timeline-example.pdf

TILA-RESPA Integrated Disclosure Forms and Samples
Downloadable Loan Estimate and Closing Disclosure forms in both English & Spanish and samples for different loan types.
http://www.consumerfinance.gov/regulatory-implementation/tila-respa/#disclosures

TILA-RESPA VIDEOS
A series of webinars to address implementation of the new rule. Please note that registration is required to view the recordings. Topics include an overview of the final rule, frequently asked questions, loan estimate form, and the closing disclosure form.

TILA-RESPA Readiness Guide
provides guidelines for institutions to evaluate their readiness and help them comply with the mortgage rule changes made through August 1, 2014.
http://files.consumerfinance.gov/f/201409_cfpb_readiness-guide_mortgage-implementation.pdf