Key Truth in Lending Updates and Recent Changes

10/28/2015 01:00 p.m. - 02:30 p.m. EDT

Banking + Financial Services, Financial Institutions + Financial Services, Mortgage, Fair Lending, and Financial Services


Many lenders have been hit with new compliance obligations in the post Dodd-Frank regime. The Truth In Lending Act (TILA) is one of the many rules undergoing changes that impact lenders in all areas and of all sizes. Amendments to TILA have left lenders wondering how to comply and what their risk is in the new compliance environment. This topic helps lenders understand the ins-and-outs of the TILA updates and how each amendment impacts their line of business. Post-TILA-RESPA Integrated Disclosure risk environment for lenders and why this risk matters will also be explained.

Learning Objectives

  • You will be able to describe the TILA updates that are relevant to your business.
  • You will be able to identify the types of loans that are covered by the TILA-RESPA Integrated disclosure and the main compliance principals related to the disclosure.
  • You will be able to recognize the new challenges that lenders will face regarding TILA updates, including the TILA-RESPA Integrated Disclosure.
  • You will be able to explain the post-TILA-RESPA Integrated Disclosure risk environment and why it matters.

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