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ALTA Continues Support of Bill Clarifying CFPB’s Ability to Regulate Insurance

January 19th, 2018

Source: American Land Title Association January 18, 2018 To read the full article from alta.org, please click here ALTA joined seven other insurance trade groups urging support for a bipartisan bill that would clarify and reinforce the Consumer Financial Protection Bureau’s ability to regulate the insurance industry. In a letter to the U.S. House Financial Services Committee, the…

Dazed and Confused Consumer

January 19th, 2018

Source: American Land Title Association January 18, 2018 To read the full article from alta.org, please click here Two years after the Consumer Financial Protection Bureau (CFPB) released a survey that showed only half of all homebuyers shopped for their mortgage, Fannie Mae shared results of a study that concluded there’s a need for greater awareness of…

House Financial Services Committee Passes TRID Fix Bill

November 29th, 2017

Source: ALTA News The U.S. House Financial Services Committee today passed the ALTA-supported TRID Improvement Act of 2017 (H.R. 3978) by an overwhelming 53-5 bipartisan vote. The bill, introduced by U.S. Reps. French Hill and Ruben Kihuen, corrects the inaccurate disclosure of title insurance premiums on the TILA-RESPA Integrated Disclosures (TRID) and help consumers understand…

What does Mulvaney’s appointment mean for the future of CFPB?

November 29th, 2017

Source: USA Today November 28th, 2017 To read the full article from usatoday.com, please click here WASHINGTON — In naming Mick Mulvaney to be the acting head of the federal government’s primary financial services regulator, President Trump is placing a loyalist in charge of what was designed as a semi-independent federal agency.  A federal judge ruled Tuesday that…

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