The Knowledge Group Has Scheduled a Live Webcast on The CFPB's TILA/RESPA Integrated Disclosures Rule: Navigating Its Enforcement Predicament

New York, NY, September 30, 2015 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, announced today that it has scheduled a live webcast entitled: The CFPB's TILA/RESPA Integrated Disclosures Rule: Navigating Its Enforcement Predicament. This two-hour event is scheduled on October 23, 2015 at 3:00 PM - 5:00 PM ET.

Event Synopsis:
Aiming to simplify closed-end credit transactions and processes, the Consumer Financial Protection Bureau (CFPB) has recently published the Truth-In-Lending Act (TILA)/Real Estate Settlement Procedures Act (RESPA) integrated disclosures (TRID) rule.

The new regulation, under the Dodd-Frank Wall Street Reform and Consumer Protection Act, will become effective in August 2015 and is expected drastically to change the pre-closing disclosures creditors, mortgage brokers, and settlement agents must provide to borrowers under RESPA and TILA. With the TRID rule, making closed-end credit transactions will be easier. However, gearing up for implementation and compliance challenges is a must for consumers and creditors as drastic changes could also mean new requirements, expenses and liabilities.

Among other changes to the existing pre-closing procedures, the TRID enables 'integrated disclosures' in lieu of various documents traditionally used under RESPA and TILA for certain qualifying loans. However, implementation and compliance are problematic for creditors. In addition, the lack of a gradual transition to the new, integrated disclosures has many lawmakers and trade organizations questioning whether the CFPB should implement a non-enforcement period to allow creditors a period of adjustment before enforcement.

Speakers/Faculty Panel

Virtual Compliance Management LLC
James DeFrantz
Principal

Kaufman Dolowich & Voluck LLP
Iram P. Valentin
Partner

Navigant Capital Advisors
John DelPonti
Managing Director

For an updated list of the faculty panel, please visit:

https://theknowledgegroup.org/event_name/the-cfpbs-tilarespa-integrated-disclosures-rule-navigating-its-enforcement-predicament-live-webcast/

About The Knowledge Group/The Knowledge Congress Live Webcast Series
The Knowledge Group brings together the world's leading authorities and industry participants through informative two-hour webcasts that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.

Visit http://theknowledgegroup.org/ for further information and inquiry.