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ALTA Webinar to Analyze How CFPB’s Proposed Three-Day Disclosure Rule Could Impact Closings

August 7, 2012

Join Ruth Dillingham of First American Title Insurance Co., Shari Schneider of Title Resource Group and ALTA lobbyists at 4 p.m. Eastern Time, Wednesday, August 8 to learn more about the Consumer Financial Protection Bureau’s (CFPB) proposed three-day disclosure rule and how it could delay closings and impact your business.

The proposed Closing Disclosure would replace the current HUD-1 and TIL disclosures and would have to be provided to the consumer three days in advance of closing.

The webinar will address:

  • Who will provide the Closing Disclosure to the consumer
  • When the consumer must receive the disclosure
  • How this will impact closings including the rule’s potential to delay closings
  • Potential loss of revenue
  • Technical issues regarding electronic or regular-mail delivery
RSVP for the call by emailing conferencersvp@alta.org. Put "RSVP for August 8 Webinar" in the subject line.

Conference call number, web link and access code will be provided in an auto-response email after you send your RSVP.

The webinar will be interactive so you can submit questions through the chat window. There also will be a question and answer session at the end of the call.

Click here for more information about CFPB’s proposal and view all of ALTA’s advocacy efforts regarding the mortgage disclosures. ALTA’s RESPA Task Force is reviewing the Proposed Rule and we will continue to provide deeper analysis to ALTA membership over the next couple of months.

Click here for previous presentations.



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