On Tuesday, June 17th the CFPB is hosting the first of a series of Webinars to discuss the merged real estate disclosures under the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA). The rule, which takes effect August 1, 2015, merges the TILA and RESPA-mandated disclosures into two forms: the Loan Estimate and the Closing Disclosure.
The first session will provide an overview of the final rule and the new disclosures and address a few basic compliance questions, while subsequent webinars will address specific implementation and interpretive questions about the rule provided to the Bureau.
Register for the June 17th Webinar.
The ABIA has a task Force of members that work on issues related to the CFPB's regulation of insurance products. If you are an ABIA member and would like to learn more about ABIA's work with CFPB to educate them about the bank-insurance industry or join our CFPB Task Force, please contact us and visit our website.