The TILA-RESPA Integrated Disclosure Rules: What You Need to Know
Learn about the TILA-RESPA Integrated Disclosure Rules and what you need to know in this webinar! Join Altair Global and our special guest, Kelly Milligan, Vice President and Dallas Area Counsel for Chicago Title, as we discuss the new TILA-RESPA Integrated Disclosure rules and the impact they could have on your mobility programs. Kelly Milligan starts off by discussing the changes that this brings about. He then explains how these rules apply to the housing loans and mortgage markets. He explains how the Consumer Financial Protection Bureau is behind this change and why this will eliminate confusion for consumers and help eliminates risky loans. Furthermore, Kelly Milligan explains how it will help improve standards and the new terminology relating to it. He then dissects two forms: the Loan Estimate Form and the Closing Disclosure Form. He finishes off by addressing legal concerns and the impact this has on the relocation industry.