The Road Ahead for NAILTA: a President’s Message

Hello and happy holidays to all of our NAILTA members and friends! My name is Rob Holman and I have the pleasure of serving as your NAILTA President for the next two years. This is a busy and special time of the year.  The holidays and our year-end business responsibilities keep us occupied at nearly every available moment. I hope this message finds each of you in good times and spirits. It is my sincere hope that you make time to spend as much time as you can with friends and family over the holidays.  There is nothing we do that is more important. Throughout the coming year, it is my goal to reach out to members through this medium to give you a periodic picture into what NAILTA is doing and where we are going.  We intend on also providing a more formal newsletter for topical and timely industry news, as well.  The goal is to keep everyone informed on NAILTA’s work and to encourage your participation and inquiry. In a few weeks, I will begin our collaborative efforts on NAILTA’s 2017-2018 agenda with a dedicated and hard-working group of Board Members who share our collective vision for a healthy and robust independent real estate settlement service provider community.  We will need your help.  In order to accomplish our goals, we will depend upon each of you to become more involved.  Volunteer opportunities include committee participation, attendance at events and continued support of our political action committee, NAILTAPAC, and renewal of membership commitments. Our goal is to provide value. Our success in that endeavor will be measured by...

NAILTA Names Rob Holman as President and Seats a New Board; Changes for Organization are on the Horizon for 2017-2018

The National Association of Independent Land Title Agents (NAILTA) is pleased to announce that Rob Holman will become its fifth organizational President on January 1, 2017. Holman, a 17-year title insurance industry veteran, is currently the President and General Counsel for General Title Insurance Company in Cleveland, Ohio, a regional title insurance underwriter with independent land title agents located in six states. Rob is a founding and charter member of NAILTA and previously served on the NAILTA Board of Trustees from 2008 to 2014. “I’m honored to have the opportunity to lead NAILTA over the next two years as its President and to work with each of [its members] and soon, I realize, the heavy-lifting will begin,” Holman wrote in October.  “I have no illusion that [this] endeavor will be easy or accomplished through the solitary actions of just one person. The success of NAILTA is tied to the collective action of each member,” he continued. NAILTA members also selected a new slate of Board Members that includes: Margaret Sklenar of Fort Wayne, Indiana, who will serve as Vice President, Pat Miller of Baton Rouge, Louisiana, who will serve as Treasurer; Nancy Silberberg of Upland, California; Jimmy Dill of Pine Bluff, Arkansas; Van Winton of Paragould, Arkansas; and John Novarina of Philadelphia, Pennsylvania.  The new Board represents a wide-swath of the United States and brings experiences from escrow, title and abstracting together. It is a diverse and talented group. “It is more ideal to have an independent land title association run by independent land title agents, not by underwriters.  I will be responsible for confronting that criticism throughout my tenure...

New Rule 69B-186.010 lists numerous activities the Florida Department of Financial Services considers to be unlawful inducements.

Among the list are placement or referral of title insurance business, including, among others, facilitating discounts in the costs of inspection reports, appraisals or surveys to purchasers or prospective purchasers of title insurance, providing memberships in certain organizations at a reduced or no cost to an interested party (as defined in the Rule), and making or offering to make charitable or other tax-deductible contributions on behalf of a purchaser or prospective purchaser of title insurance. The Florida Department of Financial Services, Division of Agent & Agency Services, hereby provides Notice of Final Adoption of  Rule Chapter 69B-186.010,  Florida Administrative Code, relating to Unlawful Inducements Related to Title Insurance Transactions.  The final rule version will become effective on February 9, 2016.   Final Adopted Version in F.A.C. Department: Department of Financial Services Division: Division of Insurance Agents and Agency Services Rule No.: 69B-186.010 Rule Titles: Unlawful Inducements Related to Title Insurance Transactions...

CFPB TRID Guide for Realtors

Attention title agents and settlement providers! – Teach your real estate agents now about the upcoming TRID regulations that take effect October 3, 2015. THESE NEW REGULATIONS WILL CHANGE THE ENTIRE BUYING PROCESS! New regulations and timelines will require that realtors understand the final rule issued by the CFPB. To assist with this, the CFPB issued a guidance tool for realtors to help them work with their buyers on understanding the new process. Click here for the real estate professionals guide from the...