I have had this scenario come up a few times when I have been auditing a file for TRID and I do not have anything in the file to verify Title's fees (lenders title, closing fee, etc.) I am wondering what everyone keeps in their files for verification of these items? At times I will have an invoice or I will have a CD from Title. In our state of SD, there are some title companies that have told our closers they do not provide invoices. I want to give a clear picture to our lending team what they should be requesting and gathering for us for auditing purposes.

THANKS!

How does anyone know what to pay them if they don't give invoices?

I have gotten the CD from Title and have had to verify from that.

Your closers have to use something to balance their Cd with the title company. Usually, this is a Prelim Title CD or an ALTA statement. The closers and title will bounce documents back and forth between each other until the numbers balance.

Whatever document your employees use to balance the CD is what you should use for confirmation of the fees.