The TILA-RESPA Integrated Disclosure or TRID requirements are now in effect.
ALTA has developed a new settlement statement that can be used in addition to the new disclosures.
ALTA also has a resources section which contains videos and webinars for training.
The CFPB has an information page with compliance guides, samples and other information.
First American Title Insurance Co. has launched its TILA-RESPA Integrated Disclosures (TRID) Tool Kit to help its agents prepare for implementation of the new forms, which go into effect Aug. 1.
The TRID Tool Kit, which includes a suite of training and reference materials, will be available on First American's agent portal, AgentNet. According to First American, agents are expected to follow a three-step program—assess, act and grow. These steps are presented through a series of recommended activities designed to help agents reach goals that are necessary for the TRID changes.
If you would like to have access to these resourses, please contact our office at 800-821-5414.