Closing Disclosure: Section B vs. Section C
Are you confused by Section B and Section C on page two of the Closing Disclosure? If so, you’re not alone. These two sections don’t walk, talk or act like Section B and Section C of the Loan Estimate. Section B is all about whether the borrower “did not shop” and Section C is all about whether the borrower “did shop.” Get TRID closing disclosure training below.
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Published
2021/03/05
Jerod Moyer
Jerod is the leader of Banker’s Compliance Consulting’s training productions. He is a nationally recognized speaker. Whether it’s a conference, seminar, school, webinar or luncheon, it’s easy to stay engaged when he presents due to the amount of passion and energy he brings to each and every compliance topic. Jerod has spoken on behalf of the American Bankers’ Association, BankersOnline, many state banking associations, private compliance groups and financial institutions. He is a Certified Regulatory Compliance Manager (CRCM) and BankersOnline Guru. Jerod likes to spend his time (between reading regulations and producing compliance training!) relaxing at the lake with his wife and three children, following their activities or engaged in something sports-related!