February 2020

Annual Escrow Audit Report Submission Guidelines from TDI
For reports covering FYE Dec. 31, 2019 and moving forward

The Texas Department of Insurance asked us to share this updated compliance information about annual escrow audits and the T-S1.
 
These guidelines for title agents regarding submission of Annual Escrow Audit Reports apply to title agents reporting on fiscal years ending Dec. 31, 2019, and all Annual Escrow Audit Reports moving forward.
 
1) Annual escrow audit reports cannot be received via email, so please make a plan to mail your report on time:
 
 Via standard mail:
Texas Department of Insurance
Title Examinations: Mail Code 103-2T
P.O. Box 149104
Austin, TX 78714-9104
If sending overnight:
Texas Department of Insurance
Title Examinations: Mail Code 103-2T
333 Guadalupe
Austin, TX 78701

2) Annual Escrow Audit Reports should include a cover letter. Please include the following notation on your cover letter: Attention Arturo Bustamante. 
 
3) DO NOT SEND A T-S1. The T-S1 report is now due annually in September. 
 
4) TDI is now scanning and digitizing these reports after the reports are reviewed. Please ask your CPA not to bind the report that you submit. Paperclipped submissions are easier for TDI to process. 
 
If you have questions, please contact Arturo Bustamante, Manager, Financial Regulation Division - Title Examinations via Arturo.Bustamante@tdi.texas.gov or 512.676.6880.
 

TLTA's Title Agent Compliance Checklist and Reporting Calendar

TLTA has updated our compliance checklist to help owners, managers and title agents stay in compliance year-round. This important checklist has monthly, quarterly, annual and biennial deadlines, as well as a month-by-month list of deadlines to meet.