{"id":2176,"date":"2015-09-01T01:00:28","date_gmt":"2015-09-01T01:00:28","guid":{"rendered":"https:\/\/preprod.housingwire.com\/knowledge\/?p=2176"},"modified":"2019-11-06T14:53:25","modified_gmt":"2019-11-06T14:53:25","slug":"is-your-mortgage-technology-really-trid-ready","status":"publish","type":"post","link":"https:\/\/preprod.housingwire.com\/knowledge\/is-your-mortgage-technology-really-trid-ready\/","title":{"rendered":"Is your mortgage technology really TRID-Ready?"},"content":{"rendered":"<p>Although the TRID timing has changed, TRID will still require lenders to replace the Good Faith Estimate and the initial TIL disclosure with the Loan Estimate (LE), and the Final TIL disclosure and the HUD-1 Settlement Statement with the Closing Disclosure (CD). This will mean extensive workflow redesign for lenders, as well as loan officer and settlement services provider training, and realtor and borrower outreach and education.<\/p>\n<p>This white paper will examine:<\/p>\n<ul>\n<li>The technological challenges lenders will face and the potential cost of closing defects<\/li>\n<li>The top 10 questions lenders should ask their providers to ensure that their TRID solution is compliant<\/li>\n<li>A new technology solution that provides complete auditing of TRID disclosure timing, changed circumstances, and fee tolerances across all disclosures<\/li>\n<\/ul>\n<p><strong>Publisher:\u00a0ComplianceEase<\/strong><br \/>\n<strong>Date:<\/strong>\u00a0September 2015<br \/>\n<strong>Format:<\/strong>\u00a0White Paper<\/p>\n<p><a href=\"http:\/\/marketing.housingwire.com\/acton\/formfd\/4321\/0052:d-0002\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-2063 size-full\" src=\"https:\/\/preprod.housingwire.com\/knowledge\/wp-content\/uploads\/sites\/2\/2014\/03\/btn_click2view.png\" alt=\"btn_click2view\" width=\"148\" height=\"32\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Although the TRID timing has changed, TRID will still require lenders to replace the Good Faith Estimate and the initial TIL disclosure with the Loan Estimate (LE), and the Final TIL disclosure and the HUD-1 Settlement Statement with the Closing Disclosure (CD). This will mean extensive workflow redesign for lenders, as well as loan officer [&hellip;]<\/p>\n","protected":false},"author":686,"featured_media":2178,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[59,63],"coauthors":[80],"class_list":["post-2176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lending","tag-top-picks","tag-white-paper"],"acf":[],"jetpack_featured_media_url":"https:\/\/preprod.housingwire.com\/knowledge\/wp-content\/uploads\/sites\/2\/2015\/08\/TRID-ready.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/posts\/2176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/users\/686"}],"replies":[{"embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/comments?post=2176"}],"version-history":[{"count":1,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/posts\/2176\/revisions"}],"predecessor-version":[{"id":2908,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/posts\/2176\/revisions\/2908"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/media\/2178"}],"wp:attachment":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/media?parent=2176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/categories?post=2176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/tags?post=2176"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/coauthors?post=2176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}