PHOENIX, Ariz., April 17, 2015 (GLOBE NEWSWIRE) -- via PRWEB - Morf Media Inc., leader in enterprise compliance training for the mobile workforce, FirstFunding a leading warehouse lender, Freedom Mortgage and Top of Mind, have teamed up to sponsor free TILA-RESPA training today at the Embassy Suites in Phoenix. The training helps mortgage lenders and real estate agents prepare for new processes, deadlines and archiving rules associated with the upcoming integrated disclosure rule to take effect on August 1, 2015. Register for the sessions here.
"FirstFunding is delighted to host these educational sessions with our long time training colleague at Morf Media, Inc., Ginger Bell," said Jim Dunkerley, CEO of First Funding. "Participants will gain the knowledge to identify the impact and the changes that need to be made to be in compliance with the TILA-RESPA integrated rule. And they will gain invaluable insights on how they can utilize their newly learned expertise to grow their partner business."
Become the Expert and Know What's Changing
TILA-RESPA consolidates four existing disclosures for closed-end credit transactions secured by real property. The forms being replaced by TILA-RESPA are:
- Good Faith Estimate (GFE)
- Initial Truth-in-Lending Disclosure
- HUD-1 Settlement Statement
- Final Truth-in-Lending Disclosure
In their place, TILA-RESPA mandates the use of two disclosures: a three-page loan estimate and a five-page closing disclosure. The free Train-the-Trainer events will provide a step-by-step approach to help trainers and company managers know about the mandated changes while ensuring their loan origination software is up-to-date.
"Don't wait for August 1 to start talking with your partners," said Ginger Bell, education specialist and SVP Learning at Morf Media, Inc. "Leverage training now to help partners identify affected products, departments, and staff as well as the business process, operational, and technology changes that will be necessary for meeting TILA-RESPA enterprise-wide compliance. TRID can be a good news opportunity for delivering expertise to your partners as a trusted resource while growing your mutual businesses."
For industry professionals who cannot attend the event, training is available in its entirety online via Morf Learning, award-winning enterprise training platform for mobiles. Morf Learning is optimized to make enterprise compliance training effective for professionals on the go. It includes a library of certified course content that is delivered in an innovative way to delight and engage employees, partners and administrators with its playbooks for compliance success. It offers powerful analytics engines that show an individual's progress, strengths and areas needed for improvement, proof of examination for audits and more.
For more information about piloting Morf Learning, please visit http://www.morfmedia.com. Morf Media invites industry training experts to contact us to learn more about the benefits of delivering enterprise training with Morf Learning/
About Morf Media, Inc.
Morf Media, Inc., developer of Morf Learning, ™ mobile platform as a service, simplifies enterprise compliance training for companies and the mobile workforce in highly regulated industries. Founded in 2013 by a seasoned management team with expertise in developing start ups, Morf Learning is in pilot with 100 companies in the financial services, life sciences and oil, gas and mining industries. Morf Learning streamlines the processes for managing governance, regulatory and compliance risks on a sustained basis.
For more information about Morf Media, please visit: http://www.morfmedia.com.
For crowdfunding information about Morf Media, please visit Angel List, Gust or Equitynet.
Contact:
Heidi Wieland
Vice President Marketing of Morf Media, Inc. USA
805-722-7413
Heidi(at)morfmedia(dot)com
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