April 15, 2015
ALTA President To Testify Before Congress
Diane Evans will testify before a subcommittee of the House Financial Services Committee today at 1 p.m eastern time. The Financial Institutions and Consumer Credit Subcommittee is holding the hearing to examine the impact of regulatory reform for non-depositories institutions.
Read the full press release here>>
Watch the hearing live by clicking
here.
Please Respond to ALTA's TILA/RESPA Readiness Survey
ALTA is currently sending its members a survey to gauge the industry's readiness for the August 1st Integrated Disclosure deadline. The survey will only take about two minutes of your time and is easy to complete. Your answers will help develop additional tools and resources for title industry professionals.
Click Here to complete the survey.
Regulatory Blue Pencil: CFPB Guidance, Enforcement Actions Signal Expanding Focus on Vendor Management
JD Supra | April 8, 2015
The latest addition to the CFPB’s vendor management guidance is Compliance Bulletin 2015-01, also known as the ‘‘CSI Bulletin." The bulletin puts CFPB-supervised entities on notice that they may not invoke nondisclosure agreements to avoid complying with requests from the Bureau to produce a third party’s confidential information.
Read More>>
The Underappreciated Impact of Dodd-Frank: The Rise of Federal and State Regulatory Cooperation
DS News | April 9, 2015
Mortgage lenders are going to be focusing intently on the policies and procedures they have in place to protect the consumer data they collect. That means title agencies will have to focus on compliance to avoid regulatory sanctions and liability risks.
Read More>>
Simplifying Mortgage Disclosure Forms
The New York Times | April 10, 2015
The new Integrated Disclosure, mandated by the Consumer Financial Protection Bureau, will likely seem to consumers a relatively minor change. But for the lending industry, and all the other parties involved with mortgage transactions, preparing for the switch is a massive undertaking.
Read More>>
Lenders Will Begin Asking Title Insurance Agents About Data Security
LOMAP Massachusetts | April 11, 2015
Mortgage lenders are going to be focusing intently on the policies and procedures title agencies have in place to protect the consumer data they collect.
Read More>>
Registration Is Now Open For the TLTA Annual Conference and Business Meeting!
Review the tentative
schedule,
get registered and
make your hotel reservation today.
Register by April 30 to be eligible for free conference registration drawing
Register now to save money
NEW THIS YEAR! Optional Pre-Conference program scheduled for June 17 at the Gaylord:
TLTA TRID Readiness Series Part II
Hands-On, How-To Workshop that will take you through the new Closing Disclosure using case studies. Grab a calculator and a pencil and plan to join us!
10am-4pm includes lunch
Click here for Pre-Conference Program
Register Today!
Get Involved with the TLTAPAC
The
TLTAPAC plays a vital role in representing the legislative interests of your industry. One of the key ways to ensure that we have a strong voice legislatively and represent you effectively is to maintain a strong PAC.
The decisions lawmakers make affect not only your company, but you directly. They affect your day-to-day job as well as your career and your ability to continue to earn a living in this business.
Find out more about how to get involved with the
TLTAPAC here.
Updates Expected to the Basic Manual
Is your Basic Manual subscription current? TLTA expects several updates to the Basic Manual in the coming months, including the addition of the important new Texas Disclosure required to be used with CFPB's new Closing Disclosure. Only subscribers will receive these updates, so sign up or renew now to ensure you are in compliance with the latest regulations.
NEW THIS YEAR you have the option to order the print version of the Basic Manual subscription, the online version, or a package that includes both. All versions come with updates, so choose the option that works best for you.
Don't delay.
Click here for an order form and subscribe today to make sure you don't miss these pending updates.
Curious about the online version? Here are some satisfied subscribers.