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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…

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…

TRID: One Year Later

October 5th, 2016

Oct. 3, 2015, was a historic day for the mortgage industry. After several false starts, that date was chosen by the Consumer Financial Protection Bureau as the implementation deadline for its Know Before You Owe rule. Read more about it here Source: HousingWire

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