Second TILA-RESPA Rule Webinar Scheduled for Late August

The second in a series of live webinarsrnto help lenders prepare for the implementation of new disclosure has been scheduledrnfor August 26.  The webinar will discussrnthe Truth-in-Lending-Real Estate Settlement Procedures Act (TILA-RESPA)rnIntegrated Disclosure Rule which consolidates existing mortgage disclosuresrninto two integrated forms designed to make it easier for consumers tornunderstand and locate key information. rnThe rule also lays out the substantive and procedural requirements forrnproviding the disclosures to consumers.</p

The webinar will be hosted by thernConsumer Financial Protection Bureau (CFPB) as part of the Federal Reserve’srnOutlook series.  The first session of thernseries was held on June 17 and provided an overview of the final rule and thernnew disclosures.  A recording of thatrnsession is available HERE.rnThe August 26 session will address specific questions about the forms and theirrnimplementation and talk about some of the challenges raised with CFPB byrnstakeholders.  </p

CFPB said it expects a substantialrnvolume of questions to arise during the rules implementation and is schedulingrnthe webinars as a more efficient way of addressing them than relying on updatesrnto reach interested parties or one-on-one conversations between Bureau staffrnand those affected by the rule implantation. rn</p

The session is scheduled from 2 to 3rnp.m. EDT and registration is required at http://www.webcaster4.com/Webcast/Page/48/5305

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