NEWS: Mortgage Compliance Training Center, LLC, a newly formed organization that is solely focused on mortgage compliance education and readiness, announced today that it has officially launched operations and will start by holding an all-day, hands-on TRID workshop in Denver, Colorado on Sept. 25, 2015.
The all-day workshop will be taught by Richard Horn of Richard Horn Legal PLLC, who led the TRID rule and the design of the TRID forms when he was a Senior Counsel & Special Advisor at the CFPB. The workshop will cover everything that attendees need to know in order to be ready for TRID.
Victoria Edwards, Esq. founded MC Training Center, a company dedicated to providing extensive mortgage compliance workshops, training, webinars, manuals, advisory services and more. From her experience litigating mortgage cases, Ms. Edwards understands the implications of noncompliance. MC Training Center’s workshops will differ from other education offerings in that they will be led by the industry’s leading compliance experts.
About its first TRID offering Ms. Edwards said, “We are extremely lucky to have such a sought-after and distinguished speaker working with us to conduct our TRID workshop. This one-of-a-kind approach to TRID education, bringing in the industry’s leading expert, will be highly engaging and deliver immense value to attendees.”
“I think MC Training Center’s approach to TRID education is sound. In a 1,900 page rule with a myriad of changing and new requirements, there is a substantial risk of misinformation,” said Horn. “MC Training Center’s goal is to deliver a superior level of TRID training from industry experts, ensuring attendees learn the most accurate, timely and detailed information. I’m glad to be invited to kick-start MC Training Center’s long future.”
The type of attendees who will benefit from the Sept. 25 workshop in Denver, Colorado are compliance staff, processors, underwriters, production people, compliance executives and other parties that are involved in the implementation and ongoing management of TRID.
The TRID compliance training workshops will be one-day events that consist of morning and afternoon sessions, including time for Q&A to address TRID questions related to attendees’ specific business needs. Unlike other workshops that follow a strict lecture format, Mr. Horn, a dynamic speaker, will encourage questions throughout the entire day, so the learning process is fluid and more productive.
By the end of the workshop, attendees will know how to deal with TRID’s many requirements, such as: (1) the new definition of application; (2) the tolerance requirements; (3) TRID changes to the workflow; (4) navigating the forms; and (5) how to describe the new TIP disclosure. A discussion of relevant TRID technology solutions that are currently available in the market and their impact on compliance will also be a component of the workshop.
Pricing information for the workshop along with additional training services and tools can be found on the company’s website http://www.mctrainingcenter.com/.
About Mortgage Compliance Training Center, LLC:
MC Training Center’s goal is to provide mortgage industry players with the necessary tools to complete their jobs effectively and efficiently in an ever-changing mortgage regulatory environment. With its training from the regulatory experts in the field, MC Training Center will help the industry tackle the wave of new mortgage regulations and assist with implementing rules not yet effective.
MC Training Center provides training on TRID, RESPA, QM/Ability to Repay, Loan Originator Compensation, Mortgage Servicing, and other important regulations in the mortgage market. The MC Training Center leverages industry experts to help mortgage companies execute with confidence.
Visit the company’s website for more information http://www.mctrainingcenter.com/.
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