TILA-RESPA Integrated Disclosure Rule

Are you ready for the biggest change in the history of residential mortgage lending on October 1, 2015? This course gets right to the heart of the massive legislative change to give you exactly what you need to know as a real estate professional. You will be guided through the new Loan Estimate and Closing Disclosure forms and after taking this course, you’ll know exactly how to educate and guide your buyers from the pre-approval process through closing and learn how to avoid costly closing delays. 

What am I going to get from this course? 

  • Identify the agency responsible for enforcing the rules set forth in the Truth-in-Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA) as amended by Dodd-Frank and the CFPB; 
  • Differentiate when referrals to settlement service providers, referred to in this course as “SSPs,” in consideration of “a thing of value” are considered illegal; 
  • Understand the primary objectives of the new TILA-RESPA rules, Dodd-Frank and the CRPB created by Dodd-Frank to protect consumers and how they can remain in compliance and assist their clients and customers. 
  • Identify those documents that have been replaced in accordance with the new rules; 
  • Understand the TRID documents that have been added under the new rules; and Define the time frames for delivery of the TRID forms and the revisions of these forms in certain circumstances. 
  • Understand the new Loan Estimate; 
  • Understand the new Closing Disclosure; 
  • Understand the new Escrow Closing Notice; and 
  • Understand the new Partial Payment Disclosure. 
  • Narrated Interactive Video: Understanding the Loan Estimate and the Closing Disclosure 
  • iPad compatible

BONUS Downloads

  • Includes downloadable PDF consumer guide. Professionally designed – perfect to print and include in your buyers' packets and/or email to your clients as a promotional piece. 
  • Includes downloadable 4-page PDF REALTOR® guide. This is an invaluable resource you will want to print and keep handy during the transition. 

Target Audience:
This course is for all real estate professionals.