Don’t wait for the August 1 deadline to learn how to train and educate your real estate industry partners on TRID, said Ginger Bell, education specialist and SVP Learning at Morf Media, Inc.
Eugene, OR (PRWEB) April 28, 2015
Morf Media Inc., leader in enterprise compliance training for the mobile workforce, Banner Bank and the Oregon Association of Realtors have teamed up to sponsor TILA-RESPA (TRID) training in Eugene. The training helps mortgage lenders and real estate agents prepare for new processes, deadlines and archiving rules associated with the upcoming integrated disclosure rule to take effect on August 1, 2015. Register for the sessions here.
"Don’t wait for the August 1 deadline to learn how to train and educate your real estate industry partners on TRID,” said Ginger Bell, education specialist and SVP Learning at Morf Media, Inc. “We are showing mortgage originators and their real-estate partners how they can turn compliance training into expertise that benefits their business and helps everyone in the industry manage through change in a more effective way.”
TRID consolidates four existing disclosures for closed-end credit transactions secured by real property. The forms being replaced by TRID are:
- Good Faith Estimate (GFE)
- Initial Truth-in-Lending Disclosure
- HUD-1 Settlement Statement
- Final Truth-in-Lending Disclosure
In their place, TRID mandates the use of two disclosures: a three-page loan estimate and a five-page closing disclosure. The free Train-the-Trainer events will provide a step-by-step approach to help trainers and company managers know about the mandated changes while ensuring their loan origination software is up-to-date.
For industry professionals who cannot attend the event, training is available in its entirety online via Morf Learning, award-winning enterprise training platform for mobiles. Morf Learning is optimized to make enterprise compliance training effective for professionals on the go. It includes a library of certified course content that is delivered in an innovative way to delight and engage employees, partners and administrators with its playbooks for compliance success. It offers powerful analytics engines that show an individual’s progress, strengths and areas needed for improvement, proof of examination for audits and more.
For more information about piloting Morf Learning, please visit http://www.morfmedia.com. Morf Media invites industry training experts to contact us to learn more about the benefits of delivering enterprise training with Morf Learning/
About Morf Media, Inc.
Morf Media, Inc., developer of Morf Learning,™ mobile platform as a service, simplifies enterprise compliance training for companies and the mobile workforce in highly regulated industries. Founded in 2013 by a seasoned management team with expertise in developing start ups, Morf Learning is in pilot with more than 100 companies and content expert partners in the financial services and life sciences industries. Morf Learning streamlines the processes for authoring and deploying certified compliance content, enhances the user experience with Morf Playbooks--three minute courses with gamification and smart analytics and offers centralized reporting for managing governance, regulatory and compliance training on a sustained basis.
For more information about Morf Media, please visit: http://www.morfmedia.com.
For crowdfunding information about Morf Media, please visit Angel List, Gust or Equitynet.
Vice President Marketing of Morf Media, Inc. USA