Speaker: Alan Faigin – General Counsel, SNH Inc
What is the TILA-RESPA rule about?
“The TILA-RESPA rule consolidates four existing disclosures required under TILA and RESPA
for closed-end credit transactions secured by real property into two forms: a Loan Estimate
that must be delivered or placed in the mail no later than the third business day after receiving
the consumer’s application, and a Closing Disclosure that must be provided to the
consumer at least three business days prior to consummation.” CFPB Compliance Guide
Join us for a 25 minute look at:
- The scope of TRID
- The expansion of the 0% Tolerance Category
- Standard & Dynamic Forms and Design Principles
Also, hear from Director of Product Management, Brad Kelso, describe the SettlementOne automated solution for the Loan Estimate Disclosures.