Reforms stemming from the Dodd-Frank Act will fundamentally change every aspect of the mortgage business. Some of these reforms are already underway, such as the merger of RESPA and TILA mortgage disclosure forms, which will replace the current HUD-1, GFE and TIL disclosures.
Additionally, there are a slew of new proposals due soon and will carry the reform process into 2013. You can find out how this will impact your business during ALTA’s 2012 Annual Convention, being held Oct. 17-20 at the Broadmoor in Colorado Springs, Colo.
During a general session on Oct. 19, Frank Keating, president and CEO American Bankers Association (ABA), will discuss:
- ABA members’ concerns about uncertainty in the marketplace
- How these reforms will impact operations and availability to credit in the future
- What lenders will need from title companies going forward
Additionally, you won’t want to miss the professional development session “The CFPB and the Proposed Final Rule . . . Understand it, Be Prepared and Be Ready,” which will help you understand how the proposed rule will impact your business and what you can do now to prepare for changes.
- Leslie Wyatt, SoftPro, member of ALTA’s RESPA Task Force
- Richard Horn, Consumer Financial Protection Bureau
- Loretta Salzano, Franzen and Salzano, PC
- Kimberly Manuelides, Saul Ewing LLP
Register Today. Our room block for the Convention is full, but the Broadmoor is still taking room reservations, so book your room ASAP to ensure your stay at the Convention hotel.
Take a look at the ALTA Annual Convention Registration Brochure.
Don’t forget to download ALTA’s Smartphone application for the Annual Convention: