Independent Michigan Title Agents Form State Organization

We are proud to announce that Michigan independent land title agents have formed the Michigan Association of Independent Land Title Agents (MAILTA) in affiliation with the National Association of Independent Land Title Agents (NAILTA). The newly-formed organization is now taking membership applications from interested parties. If you would like to out more information about MAILTA membership opportunities, please send…

CFPB Seeking Public Comment Concerning “Pain Points” at Closing

The Consumer Financial Protection Bureau (CFPB) is seeking additional comments from the settlement services industry and consumers to assist its understanding and regulation over the real estate closing process. The CFPB recently introduced a Notice and Request for Comment to the public. Through this notice, the CFPB is looking for market participants and consumers to…

NAILTA Supports Another Extension of the MDRA Until 2015

NAILTA supports another extension of the Mortgage Forgiveness Debt Relief Act (MFDRA) through 2015.  Why is this important? Several reasons: The debt relief law spares homeowners who receive principal reductions on their mortgages from being hit with hefty federal income taxes on the amounts forgiven. Without it, millions of homeowners who go through foreclosure or leave their homes…

NAILTA President Speaks To NAIC: Time to Prohibit AfBAs is Now!

Yesterday, NAILTA President, Anthony L. Affatati, was invited to address the National Association of Insurance Commissioners (NAIC) in Washington DC during their Fall Meeting. NAIC is the consortium of each state’s department of insurance regulator which helps to draft rules regarding the industry. Currently, NAIC is working on draft rules regarding escrow account theft and…

Michigan Title Agents: NAILTA To Hold Organizational Meeting

Since 2008, NAILTA has helped to form state independent land title associations in Ohio, Indiana, New Jersey, Kentucky, Louisiana, Minnesota, and Arkansas. On January 15, 2014, we are inviting all interested independent land title agents and their independent-minded settlement service provider colleagues to attend an Organizational Meeting at the Hilton Hotel at the Grand Rapids…