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Mindy Carr
Director of Government Affairs |
EFFECTIVE JANUARY 1ST
Guaranty Assessment re-instated
The Texas Title Insurance Guaranty Association has announced
that effective January 1, 2004 title agents and direct operations will again
be required to collect a Guaranty Fee of $1.00 per owner or mortgagee title
policy reported on quarterly statistical reports.
Click here for more information on the specific
requirements regarding payment of this fee and a sample remittance form.
More
story
Proposed changes to existing Home equity forms
The TLTA Board of Directors has reviewed and voted to support the proposed
amendments that were submitted by Stewart Title Guaranty Company.
More story
GLO Commissioner to hold vacancy hearing in East Texas
General Land Office Commissioner Jerry Patterson will hold a public vacancy
hearing on Wednesday, December 17th, in Gilmer, TX to hear
testimony on whether a vacancy exists in Upshur County.
More story
New State Law completely alters the way Homeowners seek
Redress when they have a complaint about work done to construct, remodel or
repair a residence after September 1, 2003. More
story
Political Kudos to
. . .
Dan Liane,
Executive Vice President of Heritage Title Company of Rockwall who attended
Rep. Jodie Laubenberg’s local fundraiser on behalf of TLTA PAC.
Celia Goode-Haddock,
President of University Title
Company showed her support by contributing and attending Senator Steve
Ogden’s local fundraiser in College Station. Jack Rogers, President
of TICOR, attended Senator Jeff Wentworth’s fundraising event in San Antonio.
TLTA President Dave Ginger traveled to Arlington
to attend a fundraising event for Senator Chris Harris. We are looking
for enthusiastic members to be more involved in the political process. If you
are interested in attending a fundraiser, contributing to the PAC, or if you
have recommendations to the PAC Board, please contact Mindy Carr at
mindy@tlta.com or call 512.472.6593.
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Texas
Title Insurance 2002 Biennial Rate Hearing
The 2002 Texas Title
Insurance Biennial Rate Hearing will be held December 15 – 17, 2003
and will begin at 9:30 a.m. in Room 100 of the William B. Hobby
Jr. State Office Building, 333 Guadalupe Street, Austin, Texas. Click
here to review a complete list of agenda items to be considered at the rate
hearing.
More story
Upcoming TLTA Board Meeting
Your Board of Directors will meet on the afternoon of Wednesday, January 14,
2004 in Houston at the Doubletree Hotel Post Oak. We encourage you to get
involved in your association by attending board meetings. A preliminary agenda
is available approximately two weeks prior to the meeting and can be obtained
by calling Leslie at the TLTA office at 800.472.1711.
Martinez expected to release a rule on RESPA reform
Rumors continue to fly in D.C. on whether or not HUD Secretary Mel Martinez
will continue with his quest to reform RESPA. More than likely, he intends to
release either a final rule or a “new” re-proposed rule by the end of the
month. More story
States say “NO” to Federal Insurance Regulation . . .
Recent hearings held by the Subcommittee on “Reforming Insurance
Regulation-Making the Marketplace more Competitive for Consumers,” heard a
resonating opposition from those who testified on federal regulation of the
insurance industry. More story
Federal legislation affecting the
title industry
Fair Credit Reporting Act-HR
2622 was passed by Congress and is headed to the President’s desk. The
legislation permanently extends the FCRA and provides consumers with free
access to credit reports. More story
TDI
sunset to be in 2007
The Texas Department of Insurance (TDI) was scheduled to go through the Sunset
process in 2005. However, since numerous changes have been made regarding the
regulation of homeowner’s insurance, TDI will be reviewed in 2007.
More story
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