The collapse of the real estate industry and the subsequent financial collapse of 2008 led to sweeping changes. One of these was the creation of the Consumer Financial Protection Bureau (CFPB) under the Dodd-Frank Street Reform & Consumer Protection Act of 2010. A new and independent regulator, the CFPB was designed to oversee federal consumer protection laws. The mission of the CFPB, the various statutes it regulates and how it evolved will all be discussed in this comprehensive CLE course. The course will also explain the bureau’s overseeing of the lending and settlement services industry such as Qualified Mortgages, and Qualified Residential Mortgages, ATR evaluations, Statutory Safe Harbor, RESPA, TRID and more. The Real Estate Settlement Procedures Act (RESPA) and the Truth in Lending Act (TILA) were both created as protective measures that provide disclosures to eliminate abusive practices. The longstanding congressional goal to integrate the two in order to avoid overlap, inconsistencies and discrepancies, came to the fore with the creation of the Consumer Financial Protection Bureau (CFPB) which was charged with proposing regulation to combine RESPA and TILA with the hope that a well-informed consumer will not engage in risky financial behavior. The result, TRID, recently put into effect, will have great impact on real estate closings and transactions. This CLE course will explain the new rules, how they evolved, their impact and what it means for your clients. Learn how TRID is impacting the real estate industry! Dan Wold is Senior Vice President and General Counsel for Old Republic National Title Insurance Company. Dan has also served as chairperson of ALTA’s TRID Task Force since 2009.