Though the Consumer Financial Protection Bureau has granted a grace period on TRID enforcement, the implementation of the rule still takes effect on August 1st. This workshop and the Morf Learning online compliance training shows proof of preparation.
Honolulu, HI (PRWEB) June 15, 2015
Complimentary Seminar for Loan Originators to Learn How to Train and Educate Real Estate Partners on the New TILA-RESPA Integrated Disclosure Rule
Morf Media Inc., leader in compliance training for the mobile workforce, today announced industry education partner Plaza Home Mortgage Inc. will host a TILA-RESPA (TRID) training workshop on upcoming regulatory changes that impact real-estate loans. Register here for the workshop conducted by industry training expert and Morf Media, Inc. SVP of e-Learning Ginger Bell.
For mortgage originators and partners requiring a more detailed and step by step approach to TRID training and for those who cannot attend the workshop, online training for TRID compliance is available via Morf Learning. Developed by veteran training experts, including Bell and gamification leader, Yu-Kai Chou, the Morf Learning TRID course provides an engaging playbook for companies of any size to offer training to their staff and partners and track proof of preparation. To learn more, contact Heidi(dot)deishl(at)morfmedia(dot)com or call (571) 201-0579.
“Though the Consumer Financial Protection Bureau has granted a grace period on TRID enforcement, the implementation of the rule still takes effect on August 1st,” said Bell. “This workshop and the Morf Learning online compliance TRID training empowers every one—at companies large and small—to engage their professionals with training that’s cost-effective, fun, fast, and shows progress toward proof of preparation.”
Morf Learning is an award-winning compliance training platform for the mobile workforce. 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 training and success. Morf Learning offers powerful analytics and reporting tools that show an individual’s progress, strengths and areas needed for improvement, proof of examination for audits and more.
The Morf Learning TRID module is a complete TRID training course. TRID consolidates four existing disclosures for closed-end credit transactions secured by real property. The forms being replaced by TRID are:
TRID consolidates four existing disclosures for closed-end credit transactions secured by real property. The disclosures 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 workshop provides an overview while the Morf Learning TRID courseware provides a step-by-step approach for mortgage industry professionals to learn about the mandated changes.
For more, please visit http://www.morflearning.com
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About Morf Media, Inc.
Morf Media, Inc. is transforming enterprise compliance training into playbooks for the mobile workforce. For the first time a digital training system, Morf Learning,™ provides one to one training to millions on a smart phone or tablet. Now in pilot with more than 100 companies and partners in the financial services and life sciences industries, Morf Learning is proving to be cost-effective and engaging with its game-style courseware. Morf Learning with Morf Playbooks™ deliver interactive three minute courses and a virtual Coach,™ which empowers professionals to train, reference policy details and get reminders and compliance notifications on the go. As a mobile platform-as-a-service, Morf Learning offers secure centralized reporting for managing governance, regulatory and compliance training on a sustained basis.
Founded in 2013 by a seasoned management team, the company is based in San Francisco.
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