July 15, 2015
We Did It — TLTAPAC Fundraising Record Tops $225,000!
Under the leadership of our PAC Fundraising Chairs Mark Greek and Randy Pittman, and thanks to all of our
generous supporters and the PAC Board of Trustees, the TLTAPAC raised a record-setting $225,347! This year's record total is up 54% from the $103,403 raised just five years ago!
This great achievement would not have been possible without the support you've given our fundraisers, and the leadership from our volunteers, Charlie Valdes, DJ Horn, Becky Cotton-Osmon and Jeff Copeland. Read more about this record-setting performance
here.
TLTA Issues Call for Agent Statistical Data
The Texas Department of Insurance (TDI) mailed its
call for Agent Statistical Data July 7th to each agency in Texas. Immediately upon receiving the agent data call, you should complete and return the form acknowledging you have received the call, along with a listing of your branch offices. The Acknowledgment of Receipt Form should precede your report submission, and were due to
[email protected] by July 13, 2015. Please note: This was just the deadline to return the acknowledgement. The stat report is not due until August 24.
You can download the form
here and email it to
[email protected]. You should use your agent’s Firm ID number and DBA name in the General Information Section of the report form. You can view this information on TDI’s website at
https://apps.tdi.state.tx.us/sfsdatalookup/StartAction.do, selecting Title Agent/Escrow Officers, and then selecting the desired report.
Senators Introduce S. 1711 to Avoid Closing Delays After TRID Launch
Congress | July 7, 2015
Senators Tim Scott and Joe Donnelly introduced S. 1711 in order to help avoid delays during the closing process for consumers after TRID is implemented on October 3.
For more information
click here.
To read the ALTA press release supporting S.1711,
click here.
CFPB Watch: Congress Fights for Control
Housingwire | July 1, 2015
“The CFPB undoubtedly remains the single most powerful and least accountable Federal agency in all of Washington,” Jeb Hensarling said. “When it comes to the credit cards, auto loans and mortgages of hardworking taxpayers, the CFPB has unbridled, discretionary power not only to make those less available and more expensive, but to absolutely take them away.”
Read More »
FHA to Allow Changes to Settlement Certification Due to TRID
ALTA | July 6, 2015
The Federal Housing Administration addressed changes settlement agents can make to the new settlement certification, which replaces the current addendum to the HUD-1, in a new FAQ document to its Single Family Housing Policy Handbook. The FHA's new handbook goes into effect Sept. 14, 2015.
Read More »
Reprinted with permission from ALTA.
Need More Information about the CFPB or TRID? Check the TLTA CFPB News site!
TLTA is proud to provide a one-stop shop for all the latest news and information about the Consumer Financial Protection Bureau (CFPB), its enforcement actions, industry news related to it, the TILA-RESPA Integrated Disclosure (TRID) and links to all our TRID-related educational opportunities, including live events, webinars and on-demand resources. It’s every thing you need to know about CFPD and TRID in one easy location divided by topic and reviewable any time.
Click here for TLTA’s CFPB News site.
Complaints Pour in to Consumer Financial Protection Bureau
The Washington Post | July 9,2015
Mortgage borrowers by the thousands are venting their anger and telling their tales of woe on a federally run consumer-complaint Web site - and the banks and mortgage companies that are the targets of their criticisms are steamed about it.
Read More »
TRID: New Deadline, Same Fears and Anxieties
Mortgageorb | July 8,2015
Although mortgage professionals applaud the Consumer Financial Protection Bureau's (CFPB) recent decision to delay implementation of the new TILA-RESPA Integrated Disclosure (TRID) rules from Aug. 1 to Oct. 3, the extra time to prepare hasn't necessarily alleviated their anxiety.
Read More »
Need Help with TDI’S Agent Experience Report? Don’t Miss TLTA'S Webinar on Filling it Out!
Wednesday, July 29, 2015 | 10:00-11:30 a.m.
Join our experts as they walk you through the Texas Title Insurance Agent Experience Report while providing a clear, basic overview of the information you need during TLTA’s On-Time & Error-Free TDI Experience Reporting Webinar, 10-11:30 a.m. on Wednesday July 29. Click
here for more information.
Register for live webinar»
Register for On Demand webinar»