Date: March 16, 2017
Time: 10 am - 2 pm
Location: Smith Debnam Office
4601 Six Forks Road, Suite 400 - Raleigh
Registration: $175 (Early Bird - 3/2) / $200 (Regular - after 3/2)
The NCBA is excited to be partnering with the Smith Debnam experts on this program.
Caren Enloe is a partner with Smith Debnam. Caren provides compliance services to the consumer financial services industry and defends banks and other members of the industry in state and federal litigation involving consumer protection statutes. She is the author of a blog, Consumer Financial Services Litigation and Compliance where she regularly posts updates regarding the consumer financial services industry. Caren also serves on the North Carolina Bankers Association’s Bank Counsel Committee.
Lauren Reeves is a partner with Smith Debnam and focuses her practice on real estate matters, including commercial and residential transactions, leasing, financing, and curative title actions. Lauren generally works with lenders, buyers, sellers, landlords, and tenants.
The TILA-RESPA Integrated Disclosure Rule has been in effect for more than a year and there remains a learning curve for lenders, vendors and for the CFPB. In July of 2016, the CFPB issued a Notice of Proposed Rulemaking to provide and clarify TRID and a final rule is expected in March, 2017. Join us for a conversation about the evolution of and current state of TRID, along with proposed changes to the Rule. Our discussion will include:
- An overview of TRID’s requirements
- Actual TRID implementation – what’s working and what’s not
- CFPB guidance and clarifications
- Compliance Tips for Lenders
- Amendments to TRID
This seminar is designed to provide technical and practical information regarding the evolution of TRID and how TRID affects community lenders, not only internally but in managing third parties. The seminar will focus on:
- Third-Party Management Procedures and the importance of written service provider lists
- Calculating Cash to Close
- Construction-to-Permanent Loans
- Multiple Closing Disclosures and sharing Closing Disclosures
- Uniform Closing Dataset for government-backed loans
Lunch will be served during this half-day program.