TLTA Gains Two Major Supporters in Deregulation Fight: Texas Bankers Association and Texas Association of Realtors
By TLTA Staff
Dec. 7, 2016
TLTA is happy to announce that the board of the Texas Bankers Association voted last week to support TLTA in our efforts to maintain the current regulatory framework. The TBA Board of Directors voted to support the TLTA position and current rating system for title insurance in Texas. They join other lending trade associations that support us, including the Texas Mortgage Bankers Association (TMBA) and the Independent Bankers Association of Texas (IBAT).
In the Dec. 2016 issue of Realtor Magazine, the Texas Association of Realtors officially announced their opposition to the proposed changes. Part of a larger piece titled "What Will the Texas Legislature Do to Your Business Next Year?", an article on page 16-17 states that "it is unknown how this type of proposal would impact the real estate industry," concluding, "TAR does not support the current proposal to deregulate title insurance."
TLTA is grateful to all of these related industry associations for their support!