National Association of Realtors and Community Mortgage Lenders of America 2015 Mortgage Conference: RESPA/TILA TRID Overview
Ben Olson spoke at the National Association of Realtors and Community Mortgage Lenders of America’s 2015 Mortgage Conference on Wednesday, June 3, 2015 in Arlington, VA. His panel was titled “RESPA/TILA TRID Overview.
This panel focused on the new TRID forms that were to be implemented on August 1, 2015. However, the Consumer Financial Protection Bureau (CFPB) has proposed delaying implementation until October 3, 2015. Panelists gave a brief summary on why the new forms were created, provided an overview of the new disclosure forms, and highlighted how the new requirements will impact the settlement process.