In This Presentation:

- ½-Way Point & What We Will Cover

- NEW RISK ENVIRONMENT

- THINKING ABOUT RISKS FOR 2015

- Business Challenges and Your Bottom Line

- What is Behind TRID?

- Communications Plan?

- “We’ll Rely on Our Vendors”

- Questions to Ask Now of Vendors

- Vendors: Only Part of the Solution

- Vendor Management

- What Else Might We Expect?

- TRID Liability “Off Ramp”

- The Workings of Corrective Actions

- Further Considerations for Off-Ramp

- Excerpt from ½-Way Point & What We Will Cover:

- We are at the halfway point of TILA-RESPA Integrated Disclosure (“TRID”) implementation and we are considering what is important NOW, so we will cover –

..New risk environment and why it matters

..Special challenges for mortgage lenders

..Relying on others

..Costs to be incurred in 2015 and beyond = budgeting for next year

..Investor expectations

..Looking ahead at the ½-way point

..Vendor arrangements, including functionality, terms of agreements, costs and liability

..Other compliance components

..Handling the “off ramp” of post-close corrective actions – what can be done to minimize liability? When, who, how and at what cost?