San Diego, CA – May 14, 2015 – Morf Media Inc., leader in enterprise compliance training for the mobile workforce, today announced NewLeaf Wholesale is co-hosting TILA-RESPA (TRID) training with Morf Media, Inc. SVP of e-Learning Ginger Bell. The veteran mortgage industry training expert will present upcoming regulatory changes that impact real-estate loans. Register for the session here.
“This workshop co-sponsored by NewLeaf Wholesale is for originators and will highlight the important upcoming TILA/RESPA Integrated Disclosure changes so that you can communicate and educate the changes with your Real Estate Partners,” stated Bell. “We will highlight the new rules and provide tools and resources to help originators understand the changes and gain valuable information to share the changes with your agents.
In this seminar, mortgage originators will gain insights, tools, tips and training to prepare for the new processes, deadlines and archiving rules associated with meeting TRID compliance. In a step by step process, Bell shows how attendees can become experts on the new rule.
TRID consolidates four existing disclosures for closed-end credit transactions secured by real property. The forms being replaced by TRID are:
- Good Faith Estimate (GFE)
- Initial Truth-in-Lending Disclosure
- HUD-1 Settlement Statement
- Final Truth-in-Lending Disclosure
In their place, TRID mandates the use of two disclosures: a three-page loan estimate and a five-page closing disclosure. The free Train-the-Trainer events will provide a step-by-step approach to help trainers and company managers know about the mandated changes while ensuring their loan origination software is up-to-date.
For industry professionals who cannot attend the event, training is available in its entirety online via Morf Learning, award-winning enterprise training platform for mobiles. Morf Learning is optimized to make enterprise compliance training effective for professionals on the go. It includes a library of certified course content that is delivered in an innovative way to delight and engage employees, partners and administrators with its playbooks for compliance success. It offers powerful analytics engines that show an individual’s progress, strengths and areas needed for improvement, proof of examination for audits and more.
For more information about piloting Morf Learning, please visit www.morfmedia.com. Morf Media invites industry training experts to contact us to learn more about the benefits of delivering enterprise training with Morf Learning
About Morf Media, Inc.
Morf Media, Inc., developer of Morf Learning,™ mobile platform as a service, simplifies enterprise compliance training for companies and the mobile workforce in highly regulated industries. Founded in 2013 by a seasoned management team with expertise in developing start ups, Morf Learning is in pilot with more than 100 companies and partners in the financial services and life sciences industries. XOOLIs™–three minute courses with gamification and smart analytics deliver a more effective and fun way to engage in training. Its digital platform offers centralized reporting for managing governance, regulatory and compliance training on a sustained basis. Morf Learning turns compliance training into playbooks for business in highly regulated industries.
For more information about Morf Media, please visit: http://www.morfmedia.com.
Vice President Marketing of Morf Media, Inc. USA