Sept. 28, 2022

In This Issue:

  • TDI Accepting Applications for Public Member of TTIGA Board
  • ALTA Sends Letter to FHFA on Title Insurance Alternatives in GSEs Equitable Housing Finance Plans
  • ICYMI: TDI Issues Call for 2021 Agent Statistical Data; Responses Due No Later Than Nov. 7, 2022
  • Moving Water: Boundary Changes and Property Rights
  • New Webinar: Running a Tight Ship in Choppy Seas

TDI Accepting Applications for Public Member of TTIGA Board

TLTA | Sept. 28, 2022
The Texas Department of Insurance is accepting applications for the Texas Title Insurance Guaranty Association (TTIGA) Board of Directors. TDI is filling a vacant public member position. The TTIGA board includes four public members.
 
Review Current Board and Review Qualifications »
Click and Scroll Down to Review Application Process »
 

ALTA Sends Letter to FHFA on Title Insurance Alternatives in GSEs Equitable Housing Finance Plans

ALTA  | Sept. 20, 2022
ALTA sent a letter to Federal Housing Finance Authority (FHFA) Director Sandra Thompson last week outlining ALTA's concerns with title insurance alternatives currently under consideration as part of the government sponsored enterprises’ (GSEs’) Equitable Housing Finance Plans.

Review ALTA's Letter »
 
TLTA Editor's Note: ICYMI, FHFA recently announced intention to establish a Federal Advisory Committee on Affordable, Equitable and Sustainable Housing Committee. The GSEs (who are regulated by FHFA) have been increasingly focused on housing affordability, and closing costs continue to be at the center of that affordability discussion. 
  
Fannie Mae Issues Selling Guide Update Regarding Use of Attorney Title Opinion Letters. Tracks Changes Freddie Mac Made in 2020. 
Review Fannie's Selling Guide Announcement » 
  
Fannie Mae's Report: Barriers to Entry – Closing Costs for First-Time and Low-Income Homebuyers (from December 2021) 
Read More »
 

ICYMI: TDI Issues Call for 2021 Agent Statistical Data; Responses Due No Later Than Nov. 7, 2022

TLTA | Sept. 21, 2022
The Texas Department of Insurance issued its call for agent statistical data to each agency in Texas in accordance with Texas Insurance Code §2703.153, which requires each title insurance company and title insurance agent engaged in the business of title insurance in Texas to annually submit certain data to TDI. TDI uses this data to set title insurance premium rates.
 
Please note that this call is for data collected during calendar year 2021. You must respond to this data call using the provided instructions and forms no later than Nov. 7, 2022.
 
If you are unable to download the forms or have any questions concerning this data call, please contact TDI's Property and Casualty - Actuarial by phone at 512-676-6687 or by email at [email protected]. 
 
TLTA Editor's Note: When this call was first issued last week, the notice incorrectly cited a December due date. TDI issued a revised notice on Wednesday that corrected the due date to Nov. 7. 
 

Moving Water: Boundary Changes and Property Rights

Texas A&M Real Estate Research Center  | Sept. 19, 2022
Generally, when a body of water forms a boundary, gradual changes in the shore result in gradual changes in the boundary of the property, whereas sudden changes do not.
   Read More » 

New Webinar

Running a Tight Ship in Choppy Seas

1 hr Escrow (pending TDI approval)
 
Real Estate is cyclical, and managers must plan for how they will address challenges unique to business down cycle or even a recession. This advanced webinar, Running a Tight Ship in Choppy Seas, will cover what a manager must do during difficult economic times. We will cover issues including increased sales and marketing efforts, reviewing financials for cost reduction opportunities, utilizing reports to find inefficiencies, and addressing changes in staffing needs. 
 
Presenters: 
David Tandy, Texas National Title
Stephanie Mooney, Integrity Land Title, LLC
 
CE Credits:
1 hr Escrow (pending TDI approval)
 
Webinar Rating:  (Advanced) 
Cost: $40 for TLTA members / $54 for non-members
  
Watch it live and ask the presenters questions Oct. 20, 2022
10:30 - 11:30 a.m.

Register Now
   
Not sure if you'll be available Oct. 20 at 10:30 a.m.? 
Register for the live presentation and if you miss it, we'll change your registration to the on-demand version and let you know when it's posted to our on-demand library.
 
Looking for more educational tools? Check out TLTA's collection of more than 80 on-demand webinars and videos!