Description:
Completing the Loan Estimate and Closing Disclosure can be overwhelming. The requirements for each section of the forms are effected by the purpose of a loan (purchase, refinance, construction…), whether you allow your borrower to shop for settlement services, and whether escrow is involved among other things. These disclosures must be issued in “good faith” meaning we need to provide accurate information based on available facts. Issues as small as a missed checkbox or as large as a fee increase may result in a tolerance cure to the borrower or an exam violation. Let’s take some of the fear away and focus on what you can do to ensure your disclosures are accurate.
In this session we will provide “real-life” scenarios and work through the TRID process from the preparation of the Loan Estimate to the delivery of the Closing Disclosure. We will discuss regulatory requirements, dive into the guidance, and review common errors made by bankers when completing the LE and CD and how you can avoid them.
You’ll come away with a clear understanding of TRID Compliance and able to
• Define loans covered by TRID rules
• Describe the requirements for each section of the LE and CD
• Distinguish between a loan’s “purpose” under TRID versus HMDA versus URLA
• Explain when a revised Loan Estimate is necessary
• Review your projected payment amounts and other calculations for accuracy
Who should attend:
This informative session is designed for Mortgage Loan Officers, Loan Processors, Credit Administration Team, Loan Operations Staff, Compliance Officers and Internal Audit Personnel.
Presenters:
Dawn Kincaid
Dawn Kincaid began her banking career while attending The Ohio State University. She has over 20 years’ experience in client service, operations, information technology, administrative and board relations, marketing, and compliance. Most recently Dawn served as the Senior Vice President of Operations for a central-Ohio-based community bank, where she created and refined policies and procedures, conducted self-audits and risk assessments, and organized the implementation of new products and services.
Dawn has served in the roles of Compliance, BSA/AML, CRA, Privacy, and Security Officer. She has led training initiatives, prepared due diligence information, completed a variety of regulatory applications, coordinated internal and external audits and exams, and presented for numerous state associations.
November 17, 2026