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The CFPB recently issued revised TILA/RESPA Integrated Disclosure (TRID) rule guides to reflect the adoption of an amendment to the rule to fix the so-called "black hole" issue. As we reported previously, the amendment will permit the use of an initial or revised Closing Disclosure to reset tolerances without regard to the timing of when before consummation the creditor learns of a change.

Wolters Kluwer Financial Services introduced three new self-service tools to help lenders teach their employees about the variations in the new Loan Estimate and Closing Disclosure documents to support consumer education. The new tools are a Variations Guide, Loan Matrix and job aids workbook.

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German Vikings Rookie Faces Steep Learning Curve "There is going to be a steep learning curve as lenders adjust to using the new Loan Estimate and Closing Disclosure documents, and these tools can remove some of the complexity from the process.

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With each new rule that’s released by regulators, banks face an additional set of compliance challenges that must be met or else, and a new survey from Wolters Kluwer Financial Services shows just how.

News 5/8/13. May 7, The company admits that its flagship product has a steep learning curve as it forced users to use its touchscreen-friendly tile-based graphical system instead of giving them the familiar Start button.. Wolters Kluwer Health;