The Consumer Financial Protection Bureau (CFPB) and
Federal Reserve will be hosting a webinar on the implementation of changes to
the Real Estate Settlement Procedures Act (RESPA) and the Truth in Lending Act
(TILA) on Tuesday, August 26, at 2 p.m. In addition to major changes to the
loan disclosure and closing forms themselves, the new rules will require that
the settlement statement be completed three days prior to closing. The
new forms and rules go into effect less than one year from now. This webinar is
part of the process of answering questions and concerns relating to
implementation. All those with an interest in disclosures, the closing
process, and RESPA/TILA should sign up and listen in.
Click here to
view the sign-up page.