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National Association of Independent Land Title Agents
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  • ABOUT US
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NAILTA responds to Secure Settlements, Inc – White Paper Response

Secure Settlements, Inc. provided a response to NAILTA’s white paper entitled, “Third Party Vetting Companies: Are they Legal or Necessary?”. In the letter, SSI argues that its vetting process, although not regulated by any administrative authority and not a test of agency competence, complies with the standards established by CFPB in its Bulletin 2012-03.

SSI responds to NAILTA White Paper

NAILTA response letter to SSI

NAILTA responded to SSI’s letter pointing out that the position of its white paper entitled, “Third Party Vetting Companies: Are they Legal or Necessary?”, was unmoved by the SSI response letter.  Pointing to the various federal and state laws that may have been violated in the construction of SSI’s vetting system, NAILTA points out that SSI does not demonstrate a step forward for the title insurance industry.  NAILTA also disclosed that SSI may have violated two NAILTA Canons of Ethics in the process of constructing its business model.

Category: Blog, CFPB, Direct from the Board, Secure Settlements Inc., VettingOctober 9, 2012

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News Categories
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  • Consumer Corner(17)
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DIRECT FROM THE BOARD
  • NAILTA Asks Kentucky Legislature to Protect Small Business Owners in Proposed E-Notary Legislation
    August 31, 2018
  • House Passes Mortgage Choice Act (Again); Proponents Cite “One-Stop Shopping” Myth as Reason
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    February 15, 2018
NAILTA BLOG
  • First American Data Leak: What Happened? What Next?
    May 28, 2019
  • NAILTA Asks Kentucky Legislature to Protect Small Business Owners in Proposed E-Notary Legislation
    August 31, 2018
  • House Passes Mortgage Choice Act (Again); Proponents Cite “One-Stop Shopping” Myth as Reason
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ANNOUNCEMENTS
  • House Passes Mortgage Choice Act (Again); Proponents Cite “One-Stop Shopping” Myth as Reason
    February 15, 2018
  • House Passes TRID Improvement Act; Aims to Improve Disclosure of Title Insurance Premiums to Consumers
    February 15, 2018
  • NAILTA Mourns the Loss of Former President, Anthony L. Affatati, Sr.
    February 15, 2018
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