WASHINGTON (8/6/14)--With the new mortgage disclosure rule to take effect in less than a year, the Consumer Financial Protection Bureau (CFPB) and the Federal Reserve will host a webinar Aug. 26 to address implementation and other questions.
The rule consolidates existing mortgage disclosures required under the Truth in Lending Act-Real Estate Settlement Act (TILA-RESPA) into two integrated forms.
The session is meant to address specific questions related to rule interpretation and implementation challenges that have been raised by creditors, mortgage brokers, settlement agents, software developers and other stakeholders.
According to the CFPB, it will host several similar webinars to answer questions and respond to feedback throughout the new rule's implementation process.
The webinar is scheduled to begin at 2 p.m. (ET) Aug. 26.
Use the resource links below for more information.