TRID Education Work Group
The TRID Education Work Group was established to specifically address the need for the recording industry to become an active participant in the implementation of the new TILA-RESPA Integrated Disclosure (TRID) forms. Title agents and lenders spent 18 months preparing for this implementation which took effect on October 3, 2015. While these new regulations have no direct effect on recorders, the indirect effect, and how recorders respond, could have a significant impact.
The initial phase of this project is to provide education for recorders and will occur between May and September 9, 2015. A multi-faceted campaign will follow utilizing webinars, slide presentations, educational papers and conference programs that will continue to educate recorders on the new process and the importance of their roles.