August 24, 2016
Explore TLTA's FinCEN GTO Information Online, Including Last Week's Free Webinar for Bexar County Transactions
Texas Land Title Association | Aug. 24, 2016
TLTA has compiled several resources to help you comply with the FinCEN GTO for Bexar County, which goes into effect on Sunday, Aug. 28:
New: Watch the
recorded webinar originally held on Aug. 18 and view the accompanying
slide presentation
New: View ALTA's FinCEN
infographic handout, which covers what real estate and title insurance experts need to know about this order at a glance
Read FinCEN's press release and
FAQ on the GTO, which explains the basic details of the order
Download a
sample GTO
View FinCEN's price
threshold table for all areas with GTOs issued
Read ALTA's
FAQ on FinCEN GTOs, which explains more about the orders and who is affected
View the ALTA
Covered Transaction Determination Form, which helps title insurance professionals identify which transactions are covered
Download the ALTA GTO
Information Collection Form, which is used to meet reporting obligations (along with
Form 8300)
Read TLTA's Breaking News Alert From July 27 »
New CFPB Website Helps Settlement Agents Navigate TRID Changes
Consumer Financial Protection Bureau | Aug. 24, 2016
The CFPB has created a new website specifically for settlement professionals, designed to help them understand the changes that resulted from TRID's initial creation.
Read More »
Time to Worry? Time to Close a Loan Ticking Back Up
HousingWire | Aug. 22, 2016
In the months immediately after the implementation of TRID, the time to close a mortgage loan rose as the industry worked through the new and complex process of disseminating loan information to borrowers.
Since then, closing times fell, but now they’re on the way back up, which begs the question: Is this the start of a trend? Or is this just the new normal?
Read More »
ALTA Ads on Title Insurance Importance Coming to Austin Airwaves
American Land Title Association | Aug. 23, 2016
In an effort to educate consumers about the benefits of title insurance, ALTA's advertising campaign on Pandora is targeting 25- to 34-year-old first-time homebuyers in Austin from Aug. 23 to Sept. 6. The ad campaigns in other cities have resulted in more than an 80 percent increase in page views of ALTA's Home Closing 101 website.
Listen to the Ad »
View the Ad »
View ALTA's Home Closing 101 Website »
Have You Registered for TLTA's TDI Experience Reporting Webinar?
Texas Land Title Association | Aug. 24, 2016
TLTA will hold a webinar to help members stay in compliance with its
call for Agent Statistical Data, which you must respond to using the
provided instructions and forms no later than Sept. 30, 2016:
On-Time and Error Free TDI Experience Reporting
When: Thursday, Sept. 8 | 10 - 11:30 a.m. CDT
Moderator:
Ed Hill, Ed Hill & Company, CPAs, LLC
Presenters:
Sylvia Freyling, Regional Controller/North Texas Operations Accounting Center Manager, Fidelity National Group
Albert Garcia, CPA, Partner, Start Garcia & Stanley, LLC
Nancy Waggoner, Vice President/Controller, Republic Title of Texas, Inc.
CE Credit: 1.5 hour Escrow available until Aug. 16, 2018
Cost: Member: $129 | Non Member: $159
Live Version |
On-Demand Version
Read the Compliance Update on TDI's Call for Agent Statistical Data »
TLTA is lining up great webinars for the fall. Register for these today, or watch them as On-Demand Webinars!
I Walk the Line...the County Line (Wednesday, Sept. 7)
Learn when and why directly issued policies (a.k.a. home office issues) are needed in the title industry. Become familiar with the working parts, applicable statute 2704.002, definitions and Procedural Rules in P-1, P-21, P-22, P-23, P-24, P-58 and P-62, and learn how to complete a form T-00 properly when dealing with multicounty, Single County or Best Evidence situations.
Escrow Accounting 101 (Thursday, Sept. 22)
The purposes of this course is to familiarize Texas title agents with the basic concepts of the three-way reconciliation. Topic experts will give an introduction to the concept of escrow/trust funds, review the book balance process, provide more information regarding bank balance including reconciling adjustments and review minimum escrow accounting procedures and internal controls.
CFPB, TRID and RESPA (Wednesday, Oct. 12)
Presenters will discuss CFPB, TRID and RESPA topics in regard to introduction and authority, covered transactions, exempt transactions and disclosure requirements. In addition, presenters will elaborate on prohibited acts and enforcement. This webinar will cover materials helpful to prepare for TLTA Certification exams.