Mortgage Training

Complete Online TRID Training — On Sale Now

Reasons to Choose PHONIZE™ For Training Your Teams

The Phonize Platform includes access to the compliance courses in our partner portal. Each course is written and vetted by compliance professionals, attorneys and education specialists and reviewed by Mortgage Compliance Partners. Each course is approximately 30 – 45 minutes and will include an exam at the end of the course.

Core Compliance Course List
TRID Training
New Loan Officer Training
Sexual Harassment in the Workplace
Diversity in the Workplace
Anti-Money Laundering (AML)
Advertising Compliance
Fair Lending Overview
Equal Credit Opportunity Act — Regulation B Ethics in Lending
Fair and Accurate Credit Transactions Act (FACTA) Fair Credit Reporting Act (FCRA)
Gramm-Leach-Bliley (GLB) Privacy Act
Home Mortgage Disclosure Act — Regulation C The Homeowners Protection Act (HPA)
Initial Disclosures
Mortgage Acts and Practices – Advertising
Real Estate Settlement Procedures Act (RESPA) Red Flags Rule
S.A.F.E. Mortgage Licensing Act
Service members Civil Relief Act (SCRA) Security and Consumer Privacy Protection Truth in Lending Act — Regulation Z
Unfair Abusive, Deceptive Act and Practices —UDAAP – What is the Difference between UDAP and UDAAP.

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$25 PHONIZE™ Training

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Is Your Company Ready?

For the first time since the implementation of RESPA in 1974, the housing industry will see changes that impact every provider of settlement services. The Consumer Financial Protection Bureau, under Dodd-Frank, has issued new guidelines for disclosures under the TILA and RESPA. The integrated disclosure forms (TRID) are required to be in place. These changes are more significant than simply substituting one form for another.

 

Phonize Learning TRID Training

Phonize Learning TRID Training is delivered online through the Phonize Learning Platform. The entire course is priced per user and includes various modules delivered in a convenient and cost effective way to train any size organization.

These interactive courses provide a comprehensive introduction to the required TRID forms and general implementation requirements. Any number of employees within your company can access each course. It is untimed and does not count towards CE hours.

 

Phonize Learning Tracks

The Phonize Learning TRID course is offered as either an Operations Track for your operations staff or a Sales Track for your sales staff. The Sales Track will focus on what your front end staff needs to know about the new requirements like the definition of application, timing requirements for initial disclosures as well as important timing requirements for the Closing Disclosure. The Operations Track will include operational requirements of the new regulation including post-closing and record keeping requirements. Both tracks include complete instructions on completing the new disclosures.

All in One PHONIZE for Trid Training Success

The objective of this course is to provide users with the tools and knowledge to complete the Loan Estimate and Closing Disclosure process, while understanding the changes and requirements related to their job function. The course is presented in modules so that the user can review information in a particular area as it is needed.


MODULES INCLUDE THE FOLLOWING:

  1. Introduction

  2. Highlights – What are the major changes?

  3. Effective Date

  4. What Loans are Included?

  5. What are the New Forms?

  6. Brokering Loans Overview

  7. Requirements for Pre-qual and Application

  8. Business Day Definitions

  9. Timing Requirements

  10. Good Faith Estimates and Imposing Fees

  11. Intent to Proceed

  12. Consummation

  13. Shopping for Settlement Providers

  14. Limitations on Imposing a Fee

  15. Fee Tolerances

  16. Rate Locks

  17. Special Information Booklet

  18. Changed Circumstances

  19. Completing the Loan Estimate

  20. Completing the Closing Disclosure

  21. Post-closing

  22. Record keeping

  23. Penalty for Non-Compliance

Phonize, Inc. is transforming enterprise compliance training into playbooks for the mobile workforce. For the first time a digital training system, Phonize Learning,™ provides one to one training to millions on a mobile device. More than 100 of the nation’s leading mortgage bankers and partners like American Pacific Mortgage, Fidelity National Title, FirstFunding, LeaderOne and Plaza Home Mortgage are adopting Phonize Learning as a cost-effective and engaging solution for TRID Training.

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WANT TO LEARN MORE?
Heidi.deishl@phonize.com | Call (571) 201- 0579