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Thursday, June 11, 2015

ABA Launches Free Course on TRID Compliance

ABA has added a new online course on the TILA-RESPA integrated disclosures to its free Frontline Compliance Training program. Since all customer-facing staff who discuss mortgage products or take loan applications will need to understand and be able to explain the new TRID forms, this course is designed to provide bank employees with an overview of the new forms and requirements.

In addition to familiarizing all staff with the new disclosures, ABA has embedded several reference guides into this course geared specifically to compliance personnel, mortgage loan originators and other lending staff. Frontline Compliance Training -- available to ABA member banks at no charge -- provides 57 online regulatory compliance courses to train employees on topics such as information security, privacy, BSA/AML, OFAC and more.

Read more about the new TRID course.