Preparing the Closing Disclosure
ABA SELF-PACED ONLINE TRAINING
The Preparing the Closing Disclosure course addresses the preparation of each field of the Closing Disclosure, illustrating similarities between the Closing Disclosure and the Loan Estimate, and addressing common and situational questions regarding the Closing Disclosure.
The Closing Disclosure form is required to be used on all loans that are subject to the TILA-RESPA Integrated Disclosure Rule for loan applications taken on or after October 3, 2015. This course will help mortgage lending personnel understand the disclosure and re-disclosure requirements as well as the information provided in each field on the form.
Lending operations staff, including: Compliance, Loan Originators, Underwriters, Processing, and Closing.
Related Training: Residential Mortgage Lender Certificate
The New York Bankers Association is a Local ABA Training Provider.
- Recognize the requirements for disclosure and re-disclosure
- Identify the requirements for the fields on each page of the Closing Disclosure
NYBA Professional Development at (212) 297-1679