Listen to Recorded Webinar on CFPB's Integrated Mortgage Disclosures
More than 600 title professionals attended ALTA's webinar on May 20 titled "New Era In Closings: Prepare Now for the CFPB’s Integrated Mortgage Disclosures."
Speakers included Cynthia Blair of Rogers Townsend & Thomas, Ben Olson of Buckley Sandler, Mary Schuster of op2 and Dan Wold of Old Republic National Title Insurance Co.
The Webinar addressed some of the biggest workflow and process challenges title and settlement agents will face as they transition from today’s HUD-1 and GFE to the Closing Disclosure and Loan Estimate, which become effective Aug. 1, 2015. Who fills out and provides the Closing Disclosure to the homebuyer, the three-day rule, redisclosure, calculating title premiums when policies issued simultaneously, labeling and listing of title fees, are some of the issues the speakers discussed.
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