Colgate Selden, Richard Simonds and Amy Kluesner participated in this conference hosted by the American Bar Association.
Colgate was a featured speaker during the session "Truth in Lending - The TILA-RESPA Integrated Disclosure Rule." The CFPB's TILA-RESPA Integrated Disclosure Rule goes into effect later this year, applying to mortgage loan transactions for which an application is received on or after August 1, 2015. The Rule overhauls the disclosure requirements for closed-end mortgage transactions by: (1) replacing the initial Truth in Lending Disclosure and RESPA Good Faith Estimate with the new "Loan Estimate"; and (2) replacing the Truth in Lending Disclosure and HUD-1/1A with the "Closing Disclosure." The changes that the Rule makes to current disclosure requirements will significantly impact the business/compliance practices of mortgage lenders, mortgage brokers, document vendors and settlement agents. The panel discussed the Rule, including recent changes made in January, and the Rule's impact on industry practices.
Richard was a featured speaker during the session "RMBS 3.0: Can Residential Mortgage-Backed Securitization be Reinvented and Reinvigorated."
Amy was a featured speaker during the session "Making It Rain: Business Development for Young Lawyers.”
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April 16-18, 2015
San Francisco Marriot Marquis and InterContinental San Francisco / San Francisco, CA