Questions and answers about real estate disclosure compliance will be offered during a teleconference sponsored by the federal insurer of bank deposits Dec. 11.
The teleconference on Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA) Integrated Disclosure Rule, also known as TRID, is scheduled to run for 90 minutes (from 2-3:30 p.m. ET). It will be led by the Federal Deposit Insurance Corp.’s (FDIC) Division of Depositor and Consumer Protection.
In addition to answering questions about compliance with the requirements of TRID, the FDIC said the teleconference would also include a review of common issues and tips to help banks address and avoid mistakes.
The teleconference is open to bank management and staff from FDIC-supervised institutions; registration is required.
FDIC teleconference: Understanding the Requirements of the Truth in Lending Act and Real Estate Settlement Procedures Act Integrated Disclosure Rule