With three months until the new Consumer Financial Protection Bureau rule goes into effect, mortgage originators and their real-estate partners can easily prepare now to perform at their best with Morf Learning,” said Ginger Bell, SVP Morf Media, Inc
Irvine, CA (PRWEB) May 04, 2015
Morf Media Inc., leader in enterprise compliance training for the mobile workforce, and its industry education partners, including Arch MI, First Funding and Freedom Mortgage Wholesale are presenting TILA-RESPA (TRID) training in Irvine on May 5. Register for the sessions here.
The training is conducted by industry training expert and SVP e-Learning, Ginger Bell. Using an engaging, interactive and multimedia training platform, Bell delivers an expert view that 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.
“With three months to go until the new Consumer Financial Protection Bureau rule goes into effect, mortgage originators and their real-estate partners can easily prepare now to perform at their best,” said Ginger Bell, mortgage industry education specialist and SVP eLearning at Morf Media, Inc. “In this training, industry professionals will gain best practices, excellent training solutions and better ways to communicate on the new rule in a way that helps everyone in the industry manage through change in a more effective way.”
Train the Trainer Expertise Helps Your Partners Be More Effective
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. is shaping the future of enterprise compliance training for the mobile workforce with Morf Learning™. Based in San Francisco and founded in 2013 by a seasoned management team with expertise in developing start ups, Morf Learning is in pilot with more than 100 companies, partners and courseware experts in the financial services and life sciences industries. Morf Learning mobile platform as a service leverages human-focused design, gamification, interactive media, personalization and brain science to engage professionals in a more effective training process. Based in San Francisco, Morf Learning turns compliance training into playbooks for business in highly regulated industries.
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