News

January 25, 2018

Jed Mayk to speak during American Bankers Association webinar on February 6

Briefing will offer explanations and latest interpretations of important TRID issues

Jed MaykJed Mayk, a partner in the Pennsylvania office of Hudson Cook, LLP, will participate in an American Bankers Association webinar on "TRID 2018 - Understanding the Updates" taking place on February 6.

The TRID ((TILA/RESPA Integrated Disclosures) rules are voluminous, and subject to varying interpretations and lingering confusion. The briefing by Mayk and Benjamin K. Olson, a partner with Buckley Sandler LLP, will offer updates on compliance "hot spots," legal views on potential solutions, and what the Consumer Financial Protection Bureau's (CFPB) leadership change may mean for these important rules.

The webinar will provide attendees with a better understanding of the key issues at each phase of the TRID process-from application to disclosure and closing, through to post-closing. Other issues that will be covered include fee tolerances, itemization on the Loan Estimate and Closing Disclosure, timing requirements, and cure provisions.

Mayk is chair of Hudson Cook's Mortgage Lending and Servicing Practice Group. He concentrates his practice on state and federal regulatory compliance for the mortgage, home equity and other consumer lending programs of depository institutions and licensed lenders. Mayk advises clients on Truth in Lending Act (TILA), Real Estate Settlement Procedures Act (RESPA) and the other core mortgage banking laws and regulations, as well as on federal real estate lending and appraisal rules for depository institutions, Office of the Comptroller of the Currency preemption, exportation and most-favored lender issues. He is the co-editor in chief of HouseLaw and a co-author of the RESPA/TIL Integrated Disclosures chapter of The Law of Truth in Lending.

The webinar will take place from 2:00 to 3:30 p.m. Eastern time on Tuesday, February 6, 2018. For more information or to register for the webinar, click here.

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