title insurance premiums: Title Insurance Association Expresses Concern
- 01/20/15 07:56 AM
The American Land Title Association (ALTA") has expressed concern that the new TILA-RESPA Integrated Disclosure form to be used as a "Closing Disclosure" does not properly provide for the disclosure of title insurance premiums. In a post on BusinessWire.com ALTA expresses its concern that the new Closing Disclosure that replaces the HUD-1 Settlement Statement as of August 1, 2015 will mislead consumers as to exactly what is being paid for title insurance premiums. ALTA is the national association of title insurers and others involved in land title matters. ALTA indicated that the form as developed by the Consumer Finance Protection Bureau … (6 comments)
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The American Land Title Association (ALTA") has expressed concern that the new TILA-RESPA Integrated Disclosure form to be used as a "Closing Disclosure" does not properly provide for the disclosure of title insurance premiums. In a post on BusinessWire.com ALTA expresses its concern that the new Closing Disclosure that replaces the HUD-1 Settlement Statement as of August 1, 2015 will mislead consumers as to exactly what is being paid for title insurance premiums. ALTA is the national association of title insurers and others involved in land title matters. 
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