February 15, 2017

Record Numbers Attend TLTA's 2017 Day at the Capitol 

More than 225 title insurance professionals – triple the usual attendance – packed the halls at the Texas Capitol for the 2017 Day at the Capitol, meeting with more than 160 legislators as well as networking with one another. This was by far the largest Day at the Capitol that TLTA has ever hosted.
“The unprecedented size of the event was great to see, and these conversations will
have a significant impact this legislative season on ensuring that Texas’ title insurance system stays safe and stable for homeowners,” said Leslie Midgley, CAE, Executive Vice President and CEO of TLTA.
Thanks again to everyone who came out to Austin and made Day at the Capitol such a huge
View the 2017 Day at the Capitol Photo Album on Facebook »

Real Estate Stakeholders Support TLTA and
Texas Title Insurance System

On Feb. 14, a coalition of associations sent a letter to Gov. Greg Abbott, Lt. Gov. Dan Patrick and Speaker Joe Straus, asking them to reject any legislation that would reverse regulation of our industry. The letter was co-signed by eight associations, including the Texas Land Title Association, the Texas Association of Realtors, the Texas Association of Builders, the National Federation of Independent Business, the Texas Independent Producers & Royalty Owners Association, the Texas Bankers Association, Independent Bankers Association of Texas and the Texas Mortgage Bankers Association.

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Read the Full Text of the Letter »

Dodd-Frank News and Updates

Below are some of the recent news stories about Dodd-Frank and attempts to roll it back.
Memo From a Key Congressman Outlines Plan to Gut Dodd-Frank Bank Rules (CNBC)
Trump's Dodd-Frank Do-Over Diverted to Slow Lane with Obamacare (Bloomberg Politics)
Trump Signs Executive Order Requiring Dodd-Frank Review (TLTA)

Seeking Clarity in New TRID Amendments

DS News | Feb. 8, 2017

The CFPB needs to clarify its cash to close regulations, clear up issues surrounding rounding, and provide ample time for adaptation and implementation in its next round of TRID updates, according to Docutech.

These comments were addressed in a letter to the CFPB, which Docutech revealed excerpts of on its blog Wednesday morning. The letter was sent in regards to the CFPB’s proposed amendments to Regulation Z: the TRID amendments.
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Hensarling to President Trump: Fire CFPB Director Cordray ASAP

HousingWire | Feb. 7, 2017

Calls to fire CFPB director Richard Cordray strengthened after Donald Trump signed an executive order last Friday to roll back the Dodd-Frank Wall Street Reform Act.
House Financial Services Committee Chairman Rep. Jeb Hensarling (R-Texas) told Stuart Varney on Fox Business that “personnel is policy” and urged Trump to immediately fire the head of the CFPB.
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Mark Your Calendar for the South Texas Seminar

Mark your calendar for the South Texas Seminar on Saturday, April 22!
Our presenters will share their unique perspectives on examination, underwriting, commitment and closing issues, providing attendees with a complete picture of each the following topics:
TRID: A Breakfast Update and Refresher Designed to Keep You Current
Curative – Schedule C Items: Why They’re Listed and How to Get Rid of Them
Surveys: Why Survey Matters Matter!
Dealing with Bankruptcies
We have something for everyone. Learn more and register today!

TLTA is scheduling several live webinars for spring 2017. Register now, or reserve your On-Demand version today!

Unclaimed Property: Trial Balances and Dormant Funds (Friday, Feb. 17)
TAR Commercial Contract Forms (Tuesday, March 7)
1031 Exchange (Wednesday, March 8)
Decedents' Estates (Thursday, March 16)
The Long and Short of It (Wednesday, March 22)
Foreclosures (Thursday, April 20)