Skip to content

Elements of a TRID application

Can a lender purposely not get one of the six TRID items to avoid getting an application in order to delay the loan estimate delivery date?

Unfortunately " purposely not get one of the six TRID items" is a frequent practice. Some lenders cheat in order to get more time to deliver the LE. If examiners become aware of the practice they will likely cite both a TRID violation and a UDAP violation.
Learn more about Jack Holzknecht and Robin Cooper webinar Lessons Learned - Recent Lending Compliance Enforcement Actions

First published on 08/25/2019

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics