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NAR Hosting RESPA-TILA Integration Webinar Tomorrow

WILMINGTON, N.C. (Wednesday, March 18, 2015) - NAR will host a training webinar on Thursday, March 19 at 2 p.m. EDT during which Ken Trepeta, NAR’s Director of Real Estate Services, and prominent RESPA attorney Phil Schulman will discuss the changes.

Trepeta also is offering insight and advice to Realtors in a video on NAR’s website. TRID replaces the HUD-1 Settlement Statement, Good Faith Estimate and Truth in Lending Act disclosure with new Closing Disclosure and Loan Estimate forms that must be in place three days prior to closing. But changes to the closing process are going to be of most concern to NAR’s members, Trepeta said.

 

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