NATIONAL ASSOCIATION OF INDEPENDENT LAND TITLE AGENTS
Blog
CFPB Clarifies TRID Good-Faith Enforcement
The Consumer Financial Protection Bureau (CFPB) issues letter clarifying TRID Enforcement.
State of Minnesota Department of Commerce issues Cease and Desist against TitleSmart, Inc.
The Minnesota Commissioner of Commerce has found that TitleSmart through its Agent, Cynthia Koebele - TitleSmart violated the prohibition against kickbacks under RESPA, Section 8 as well as Minnesota Statutes in regard to kickbacks and “demonstrated...
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...
CFPB to mortgage industry: Get out of MSAs | 2015-07-30 | HousingWire
The Consumer Financial Protection Bureau wants to mortgage lenders to stop using marketing services agreements, and it’s using the stick rather than the rules process to do so. Two major players in the mortgage space announced this morning that they are...
NAILTA mourns the death of President David LeClere
Today we heard the tragic news of the death of David LeClere. David was a true leader. Always thinking towards the future and the betterment of the Association and the title industry, David will be sorely missed. Our thoughts go out to his family,...
Small Texas bank winning big fight against CFPB | 2015-07-24 | HousingWire
A small Texas bank was handed a large victory this week, when a federal court ruled that the bank is allowed to challenge the constitutionality and authority of the Consumer Financial Protection Bureau. The repercussion of this battle could also have a...
Sen. Ted Cruz introduces bill to abolish CFPB | 2015-07-22 | HousingWire
The Consumer Financial Protection Bureau, which celebrated its fourth birthday earlier this week, won’t see its fifth birthday if Sen. Ted Cruz, R-TX, has his way. Cruz, along with Rep. John Ratcliffe, R-TX, introduced a bill in Congress this week that would abolish...
Senate GOP Adds Dodd-Frank Rewrite to $21B Funding Bill
As reported by Associated Press on Wednesday, Jul. 22, 2015 11:30 am John Boozman WASHINGTON — Senate Republicans are trying to use a must-do spending bill to advance legislation significantly revising a landmark law that tightened regulation of the financial services...
BREAKING NOW: October 3 – It’s official says the CFPB!
FOR IMMEDIATE RELEASE: July 21, 2015 CONTACT: Office of Communications Tel: (202) 435-7170 CONSUMER FINANCIAL PROTECTION BUREAU FINALIZES TWO-MONTH EXTENSION OF KNOW BEFORE YOU OWE EFFECTIVE DATE Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) today...
Joint Disclosure Deadline Proposal Seeks October 3, 2015 Effective Date
As promised, the CFPB has announced, via a proposed amendment, that the effective date of the new Joint Disclosure Rule (TRID) will be Saturday, October 3, 2015. According to the CFPB, implementation on a weekend will allow software providers the opportunity to test...
