BURLINGAME, Calif. –– ComplianceEase, a provider of automated compliance solutions to the financial services industry, announced its online compliance management platform, ComplianceAnalyzer, fully supports loans originated under the new TILA-RESPA Integrated Disclosure (TRID) rules and has incorporated TRID changes into the thousands of federal and state compliance tests that have been affected by the new rules.
In addition, the company said the latest ComplianceAnalyzer release includes a new module, called TRID Monitor, that provides complete auditing of TRID disclosure timing, changed circumstances and fee tolerances across all disclosures.
Depending on a lender’s workflow needs, lenders can use ComplianceAnalyzer to check just the latest terms and fees on any single TRID disclosure or use The TRID Monitor module to monitor changes in fees and terms throughout the origination and closing processes, according to the company.