Title Products & Rates – How they’re disclosed under the new TRID rule
This video discusses how the charge for the lenders and owners title policy must be disclosed on the loan estimate and the closing disclosure. Where is the discount applied on the Loan Estimate and Closing Disclosure? Traditionally, when an owner’s title policy and a loan title policy are issued at the same time, insuring the […]
8 Reasons Why Title Insurance is Worth the Cost [Video]
When the CFPB wrote the new rule, they didn’t see the need for the cost of the owner’s title policy to be disclosed on the loan estimate if the borrower is not going to pay for it. The new rule only requires the lender to disclose the cost of the owner’s title policy on the […]