The secret to TRID success is to start now with the materials and resources I provide in the training and on my TILA/RESPA Toolkit website,” said Bell. “When you leave the workshop, you will have a game plan that’s easy to follow.
Los Angeles, CA (PRWEB) May 11, 2015
Morf Media Inc., leader in enterprise compliance training for the mobile workforce, today announced NewLeaf Wholesale, a division of Skyline Financial Corporation is hosting training on upcoming regulatory changes that impact real-estate loans. Register for the session here conducted by Morf Media, Inc. SVP of e-Learning Ginger Bell. She will present best practices to get ready for the new integrated disclosure rule issued by the Consumer Financial Protection Bureau, TILA-RESPA (TRID) on August 1, 2015.
In this seminar, mortgage originators and real estate agents will gain insights, tools, tips and training to prepare for the new processes, deadlines and archiving rules associated with meeting TRID compliance. The training helps industry professionals make sense of the major 1800 page rule which requires significant process and communication changes. In a step by step process, the training shows how attendees can become experts on the new rule.
“The secret to TRID success is to start now with the materials and resources I provide in the training and on my TILA/RESPA Toolkit website,” said Bell. “When you leave the workshop, you will have a game plan that’s easy to follow. Take the initiative now to learn how to educate your partners to keep their transactions on tract with the upcoming disclosure changes.”
This session will be led by Bell, mortgage industry training veteran, who will explain the highlight of the new rules and provide tools and resources to help originators understand the changes and gain valuable information to be able to share the changes with their agents.
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 partners in the financial services and life sciences industries. Morf Playbooks™--three minute courses with gamification and smart analytics deliver a more effective and fun way to engage in training. Its digital platform offers centralized reporting for managing governance, regulatory and compliance training on a sustained basis. 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